WAEC Economics 2024 Objective — Question 25
Question 25 of 50 from the West African Examinations Council (WAEC) Economics 2024 Objective paper, with the correct answer and a full explanation.
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25. The supply of labour to an occupation will tend to rise when
- A. there are less monetary benefits.
- B. holiday entitlement is cut.
- C. welfare packages improve.Correct
- D. unemployment benefit rises.
Explanation
When the welfare package for a particular job is improved, more labour tends to move to that job.
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