Difference between voluntary and involuntry employment

Difference between voluntary and involuntry employment: Voluntary unemployment is that portion of working force not willing to engage itself is a gainful occupation. An Involuntary unemployment is that portion of labour force that is willing and capable of work at prevailing wage rate however is out of work.

View Complete Question

Related Questions in Microeconomics

Q : Define Optimal Sample Size Optimal

Optimal Sample Size: The optimal or suitable size of sample in a survey or poll is the function of four discrete factors: 1. Size of the population: The size of the

Q : Problem on public demand In the year of

In the year of 1996 McDonald's introduced its Arch Deluxe hamburger, which failed to catch on with the public and was subsequently dropped from the menu. This failure illustrates the idea of: A) consumer sovereignty. B) technological change. C) downsloping demand

Q : Marginal Utility-Consuming extra unit

The satisfaction gained from consuming an additional unit of the good is: (1) Always diminishing. (2) Its marginal utility. (3) Objectively measurable. (4) Equivalent to one util. Choose the right answer from the above options.

Q : Problem on Monopsonistic exploitation I

I have a problem in economics on Monopsonistic exploitation. Please help me in the following question. The Monopsonistic exploitation of labor signifies that the: (i) Influenced workers receive much low wages. (ii) Firm reaps big economic gains by exploiting the worke

Q : Negative-positive coefficient in

When you compute cross-elasticity of demand, what are you trying to find out? What do a negative coefficient and a positive coefficient imply?

Q : Production possibility frontier By

By using the production possibility frontier, revel that if a society decides to produce more capital goods associated to consumption goods in year 1, then in year 2 there will be more consumption goods.

Q : Demand in a specific period In adding

In adding up to price, the quantity of a good bought throughout a given period is recognized by: (1) Income. (2) Tastes and preferences. (3) Numbers of buyers in market. (4) Prices of associated goods. (e) All of above. Can someone

Q : Signals to guide production The dollar

The dollar votes serve to: (i) Offer signals to guide production. (ii) Offer signals to sway govt. policies. (iii) Elect corporate executives. (iv) Elect politicians. Can someone please help me in finding out the accurate answer fr

Q : Economic profits for most firms I have

I have a problem in economics on Economic profits for most firms. Please help me in the following question. Economic profits for most of the firms will generally be: (1) The similar as their accounting profits. (2) Bigger than their accounting gains. (3) Less than the

Q : Skill of dividing the labor work

Whenever Janet and Bob realize that Janet is a better cook and Bob is better at cleaning the lawn, dividing such chores up according to skill is known as: (1) Gains from trade (2) Brute force allocation (3) Division of labor (4) Affirmative action.

Discover Q & A

Leading Solution Library

Avail More Than 1436751 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1931815
Asked

3,689

Active Tutors

1436751

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment