Factors that affect the elasticity of demand for labor include all of these except:

Question

01-12-2017
Business

contestada

Factors that affect the elasticity of demand for labor include all of these except:

Respuesta :

Otras preguntas

The beginning balance on the monthly bank statement for Ike's checking account was $194.58, and the ending balance was $371.93. What can be said about Ike's tra

Which sentence in this excerpt from Leo Tolstoy’s The Death of Ivan Ilyich suggests that Ivan Ilyich tried his best to escape from the reality of his troubled f

One chimpanzee watches a second chimp solve a puzzle for a food reward. the first chimp then imitates how the second chimp solved the puzzle. this best illustra

What word shows readers how a group of people in particular place or time speaks Quick please!

please help will mark brainliest

Monkeys and bats have similar bone structure in their forelimbs. However, monkeys have longer forelimbs to use for climbing and swinging in trees. Bats have sho

A major difference between the psychoanalytic stage theories (freud and erikson) and the more cognitive or experimental stage theories (piaget and kohlberg) is

Louis has been trying to work on an English essay for the past hour, but he just can’t seem to produce any worthwhile work. What could Louis do instead to mak

You exert a horizontal force on a heavy piano that rests on a carpeted floor. the piano doesn't budge. if the force you exert on the piano is the "action", what

Leon wants to read more about the hurricane-like storm called the Great Red Spot. He would find most of the information __________. A In a book about the makin

shinmin shinmin · Answer 1 · 2017-12-13T06:06:40+01:00

Since the problem doesn’t give the choices for these questions. I will be giving you the factors that affect the elasticity:

1. Labor costs as percent of total costs – when labor expenses have a high share in total costs then labor demand is more elastic.

2. Easiness and cost of factor substitution – when the firm can substitute rapidly and effortlessly between labor and capital inputs.

3. Price elasticity of demand for the final output produced – if the business is working an extremely competitive market where the final demand of the product is elastic and as a result the demand for labor is more elastic.