The determinants of the wage elasticity of demand for labour include all of the following except:
A) the elasticity of demand for output.
B) the availability of substitute inputs.
C) the ratio of labour cost to total cost.
D) the elasticity of supply of substitute inputs.
E) All of the choices are determinants of the wage elasticity of demand
Correct Answer:
Verified
Q9: Which of the following facts are correct
Q10: In order to obtain the substitution effect
Q11: For labour demand choices, the long run
Q12: For a firm that is a competitor
Q13: A perfectly competitive labour market would be
Q15: In the area of diminishing returns in
Q16: In order to obtain the scale effect
Q17: Consider the model for the derivation of
Q18: In the context of outsourcing, consider the
Q19: Which of the following statements is false?
A)
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