Labour markets are generally governed by:

Name: Labour markets are generally governed by:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Labour markets are generally governed by the forces of supply and demand, as the quantity of labour demanded by firms is influenced by the demand for their products or services, while the quantity of labour supplied by workers is influenced by wage levels and other factors. Firms may wish to keep costs low, but this is just one consideration among many that shape the labour market.

Labour Markets Are Generally Governed By