×

The following factor would be relatively low if supply of labor is higher than demand?

The following factor would be relatively low if supply of labor is higher than demand?

اگر لیبر کی فراہمی مطالبہ سے زیادہ ہے تو مندرجہ ذیل عنصر نسبتا کم ہو گی؟
Explanation
  • When the supply of labor exceeds demand, wages tend to decrease due to increased competition among workers.
  • Lower wages reduce overall labor costs for employers.