CUET Economics - Firms can choose where to locate production and workers to choose where to work. There are various immigration laws which restrict the movement of labour between countries. This market is called... | PYQs + Solutions

CUET Economics 2025 22 May Shift 1

Economics

Easy

Input Market.

Output Market.

Financial Market.

Labour Market.

✅ Correct Option: 4

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21 May Shift 1

The market determined wage rate is $500 per month whereas the minimum wage fixed by the government is $$450 per month. As a result of this government intervention,

28 May Shift 2

A market where firms can choose where to locate production and workers can choose where to work is called?

31 May Shift 1

The wage rate at which the labour market is in equilibrium is a point where.

Labour demand=0
Labour Demand= Labour Supply
Labour Supply=Labour Demand=0
Wages= Marginal Revenue from labour x Price

CUET Economics 2025 22 May Shift 1 PYQs

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