Question

Explain how labor mobility costs can create upward sloping labor suppy curves for indivfual firms.

Explain how labor mobility costs can create upward sloping labor suppy curves for indivfual firms.

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Answer #1

labour mobility is indicating the mobility of labour between different countries or with in the country.it is called geographical mobility and occupational mobility means workers ability to change their jobs. these two type of mobility may be included in labour mobility. when labours mobile to a particular country the total number of labours available there will be higher includ8ng the native labours .so the supply of labour may increase .both the migrated labour and native labours will be available in the labour market .automatically labour demand decrease due to excess supply and wage rates also fall.the labour supply curves will be upword sloping

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