If the Labour Demand Curve Shifts to the Left and the Labour

question 242

Essay

If the labour demand curve shifts to the left and the labour supply curve remains unchanged, what will happen to the equilibrium wage and the equilibrium level of employment? Illustrate your answer with a graph.
__________________________________________________________________________________________________________________________________________________________________________________________

---

Definitions:

Continuous Improvement

The ongoing effort to enhance products, services, or processes to increase efficiency and effectiveness.

ISO 14001:2015

An international standard that sets criteria for an effective environmental management system (EMS).

Environmental Laws

A body of laws and regulations designed to protect the environment from harm caused by human activities, including pollution and natural resource depletion.

Compliance

Adhering to laws, regulations, standards, and ethical practices applicable to business operations and activities.