Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 18 - Part VI - The Markets for the Factors of Production - Questions for Review - Page 391: 3

Answer

One factor that shifts the supply curve for labor is that of changes in tastes. Compared to the 1950s, more mothers are working (and there are smaller families). This increases the supply of labor.

Work Step by Step

Another factor that shifts the supply curve for labor is immigration. If there are immigrants for a country, then the supply curve for labor is shifted.
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