LABOR depends on variables such as population, wage rates, etc. in developing countries, the vast population base explains the RELATIVELY LOWER wage rates and easy ACCESSIBILITY to LABOUR supply. This is just the opposite in the case of developed countries.

"> LABOR depends on variables such as population, wage rates, etc. in developing countries, the vast population base explains the RELATIVELY LOWER wage rates and easy ACCESSIBILITY to LABOUR supply. This is just the opposite in the case of developed countries.

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The supply of labour in the economy depends on

Economics Economics miscellaneous in Economics 3 months ago

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The supply curve for LABOR depends on variables such as population, wage rates, etc. in developing countries, the vast population base explains the RELATIVELY LOWER wage rates and easy ACCESSIBILITY to LABOUR supply. This is just the opposite in the case of developed countries.

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Posted on 17 Jun 2025, this text provides information on Economics related to Economics miscellaneous in Economics. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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