The labor supply consists of:

discouraged workers, employed workers, and those actively seeking work.

All persons over the age of 16 who are working or actively seeking work.

All person over the age of 16 who are able to work.

All persons over the age of 16 who are working, plus those not working.

Question

Kian Orozco

Business

11 March, 04:23

The labor supply consists of:

discouraged workers, employed workers, and those actively seeking work.

All persons over the age of 16 who are working or actively seeking work.

All person over the age of 16 who are able to work.

All persons over the age of 16 who are working, plus those not working.

+3

Answers (1)

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Kennedi Lowery · Answer 1

The labor supply consists of: Discouraged workers, employed workers, and those actively seeking work.

Reasoning: The labour supply is the number of hours people are willing and able to supply at a given wage rate. It is the number of workers willing and able to work in a particular job or industry for a given wage.

The labor supply consists of:discouraged workers, employed workers, and those actively seeking work.All persons over the age of 16 who are working or actively seeking work.All person over the age of 16 who are able to work.All persons over the age of 16 who are working, plus those not working.