As demonstrated by the labour supply schedule,the quantity of labour supplied depends on

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The labour supply schedule shows the various quantities of labour that workers are willing to supply at different real wage rates. Real wages are nominal wages adjusted for inflation, and determine the purchasing power of workers' wages, which affects their willingness to work. As real wages increase, workers are willing to supply more labour, while a decrease in real wages will lead to a decrease in the quantity of labour supplied. Thus, the quantity of labour supplied depends on the real wage.

As Demonstrated by the Labour Supply Schedule,the Quantity of Labour