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Home › CBSE Class 11 (Arts) › Economics › Microeconomics: Producer Behaviour and Supply › Labour supply is the time people will work as a …

Labour supply is the time people will work as a function of what?

AThe interest rate
BPrice of capital
CPopulation density
DThe wage rate
Answer & Solution
Correct answer: D. The wage rate
Labour supply is the time individuals are willing to spend working at each wage.
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