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This test is run by .
Note that your final mark will not be saved in the system.

Labour market Diagrams

Target Level

Running Total

Attempt

1 of 3

Click on a top label, then click on its correct position on the diagram. Or, drag a top label and drop it onto the correct position. Position all the labels before clicking ‘Check’.

Label the diagram.

Marginal Revenue Product (MRP)

Monopsony profits

Average labour supply (ACL)

Monopsony wage

Marginal cost of labour (MCL)

Competitive wage

This is your 1^st attempt! You get 3 marks for each one you get right. Good luck!

Pass Mark

80%