Evaluate the factors that might influence the supply of labour in an occupation of your choice

Edexcel A-Level Economics 25 Mark Question

Some occupations in the UK are facing large labour shortages. Hard-to-fill vacancies include qualified chefs, software engineers, construction workers and qualified nurses. Evaluate the factors that might influence the supply of labour in an occupation of your choice. (June 2022)

Paragraph 1

• Argument: one factor that affects the supply of dentists is occupational mobility of labour; time and opportunity cost to get qualified
• Diagram: supply of labour
• Evaluation: government failure can lead to unintended consequences e.g. under-qualified dentists

Paragraph 2

• Argument: another factor that affects the supply of dentists is the wage rate in substitute jobs like dental nurses, doctors
• Diagram: demand and supply of both labour markets
• Evaluation: depends on other factors of supply e.g. career prospects, vocational elements

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