New Activity
Ico create Educaplay New Activity
All the activities
Play Quiz
1. 
The main advantage of division of labour is increased
A.
organisation
B.
productivity
C.
teamwork
D.
skills
2. 
The people available to work are called the
A.
unemployed
B.
skilled
C.
working population
D.
specialized
3. 
The reward for labour is called
A.
rent
B.
interest
C.
profit
D.
wages
4. 
A factor affecting the supply of labour is
A.
change in retirement age
B.
productivity
C.
employment costs
D.
demand for the goods (derived demand)
5. 
Messi gets paid a high wage because his labour is in
A.
low demand and low supply
B.
high demand and low supply
C.
high demand and high supply
6. 
A trade union will
A.
represent workers rights
B.
fire workers
C.
hire workers
D.
train workers
7. 
To illustrate minimum wage on D&S diagram the Minimum wage line goes
A.
below the equilibrium wage
B.
above the equilibrium wage
C.
Same as equilibrium wage
D.
A line is not added to diagram.
8. 
The main reason for a minimum wage is
A.
increased profits
B.
increased costs
C.
decrease poverty
D.
increase skills