Examine two factors which might influence the supply of labour in the electronics industry.
Supply of Labour — Edexcel Past Paper Questions
5 questions on Supply of Labour (Edexcel specification 3.5.2) from the A-Level Economics papers, 2018–2024. Every question links to the official mark scheme at the page its answer begins on.
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Evaluate the microeconomic and macroeconomic effects of labour shortages in the UK, or a developed economy of your choice.
One of two options in Section B — candidates answered this or the other.
3.5.2 Supply of Labour · 2.1.3 Employment and Unemployment
Some occupations in the UK are facing large labour shortages. Hard-to-fill vacancies include qualified chefs, software engineers, construction workers and qualified nurses. (Source: adapted from https://www.ft.com/content/36baacce-ddd0-11e8-9f04-38d397e6661c) Evaluate the factors that might influence the supply of labour in an occupation of your choice.
One of two options in Section C — candidates answered this or the other.
Discuss the likely effects of changes in the level of migration on firms such as HCWs in the UK. Use a labour market diagram and the information provided to support your answer.
With reference to Extract C and your own knowledge, discuss policies businesses and government might implement to reduce labour immobility to benefit the energy sector.
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Try a broader term — for example monopoly, inflation, exchange rates, externalities or 25 marks.
Related topics
- 3.5.3 Wage Determination 5 questions
- 3.1.2 Business Growth 6 questions
- 3.3.1 Revenue 6 questions
- 3.3.2 Costs 7 questions
- 3.3.4 Profits and Losses 6 questions
- 3.4.4 Oligopoly 9 questions
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