Question

In the labor market, what causes a movement along the supply curve? What causes a shift in the supply curve?

Short answer

The Changeswithin the wage rate (the price of labor) that cause a movement along withthe provision curve

Step-by-step solution

Step.1 Introduction

According to the law of supply, there is a direct and positive relationship between price of a product and its quantity supplied.

Step.2  Explanation

A shift in the supply curve of labor would be caused by a change in the factors affecting supply for labor such as government regulation, preference for labor, etc.

A movement on the labor supply curve is caused by a change in the price of labor or wages.