Economics A-Level
Demand curve for labour
What Demand curve for labour means in Economics A-Level, as defined for AQA.
Definition of Demand curve for labour
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Reference: AQA
Shows the relationship between the wage rate and number of workers employed, illustrating the inverse relationship between the two.
Topics that use Demand curve for labour
- The demand for labour, marginal productivity theory (AQA A-Level)
Related terms
- Derived demand
- Factor markets
- Law of diminishing returns
- Marginal revenue product
- Profit maximisation
- Substitutes and complements
- Labour productivity
- Wage rate
Using Demand curve for labour in the exam
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