What are the three most important variables that cause the market supply curve f

Question

What are the three most important variables that cause the market supply curve for labor to shift? The supply curve for labor shifts with changes in O A. the price of the product, demographics, and opportunities in other labor markets. B. the population, the quantity of other inputs, and the generosity of unemployment insurance. O C. the population, the wage rate, and opportunities in other labor markets. D. the population, minimum wage legislation, and the wage rate. O E. the population, demographics, and opportunities in other labor markets

Explanation / Answer

Answer
Option E
The supply curve changes because
1) change in population
2)
change in demographics like the income of population and age
3)
opportunities in labor markets are changes supply in this market.

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