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WAEC Economics 2024 Question 25

Question 25

Labour Market

The supply of labour to an occupation will tend to rise when

  1. A.there are less monetary benefits.
  2. B.holiday entitlement is cut.
  3. C.welfare packages improve.
  4. D.unemployment benefits rises.
Show the answer and explanation

Answer: C (welfare packages improve.)

Explanation

Better welfare packages make a job more attractive, so more people offer to work in it.