determinants of labor supply
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Determinant of Labor Supply: Changes in Tastes
Everyday, more and more women like me leave their traditional domestic duties to join the labor market!
Muffins $2 Cupcakes $3
Determinant of Labor Supply: Changes in Alternate Oppurtunities
I'm going to leave this supermarket and work as a cashier at the nearby clothing store because they pay a higher wage.
Determinant of Labor Supply: Immigration
We're immigrating to America to get new jobs and join their labor market.
If social norms change for who belongs in the workplace, labor supply will adjust accordingly. For example, labor supply increased as women became accepted into the workplace.
If wages in a different labor market increases, workers may leave their current market to go earn that higher wage, decreasing their original labor market's supply.
When people immigrate to a new region or country, the supply in that country or region's labor market increases because the immigrants choose to work in that new location.
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