Multiple Choice
The long-run labor demand curve is relatively flatter than the short-run labor demand curve because,in the short run,
A) the wage rate is fixed.
B) the firm cannot vary the amount of capital used.
C) the firm is a price taker.
D) All of the above.
Correct Answer:
Verified
Related Questions
Q1: In the short run,which one of the
Q3: The amount of labor a firm employs
Q4: In the short run,a competitive firm has
Q5: The demand for an input used in
Q6: In a perfectly competitive resource market the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents