--%>

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.

   Related Questions in Microeconomics

  • Q : Determine relatively price elasticity

    A price elasticity of demand of 2.0 implies that at that point, the demand curve is: (w) income elastic. (x) relatively price elastic. (y) relatively price inelastic. (z) unitarily price elastic. I need a good answ

  • Q : Break-even on profit-maximizing strategy

    Robomatic Corporation would exactly break-even upon its RoboMaids when, instead of exactly identifying its profit-maximizing strategy, this: (i) operated at point i, charging only $10,000 per unit and producing 16,000 robots. (ii) pri

  • Q : Problem on Vertical Mergers Assume that

    Assume that Ben & Jerry’s Ice Cream purchases a big dairy farm and some sugar cane farms. Ben and Jerry’s Ice Cream is practicing: (i) Vertical integration. (ii) Horizontal integration. (iii) Monopolization. (iv) Industrial concentration. (v) Conglomer

  • Q : Profit Maximization in Labor Markets

    Can someone help me in finding out the right answer from the given options. All the profit maximizing firms use labor up to the point where: (1) VMP = MFC. (2) VMP = w. (3) VMP = MRP. (4) MRP = MFC. (5) MR   MC is maximized.

  • Q : Facing a competitive firm more elastic

    The demand curve facing an unregulated non-discriminating monopolist is NOT: (w) similar as the industry's demand curve. (x) downward sloping. (y) more elastic than the demand curve facing a competitive firm. (z) various from its marg

  • Q : Proprietorships and

    Can someone please help me in finding out the accurate answer from the following question. The sole proprietorship owned and executed by the lone individual is at a drawback whenever compared to the corporation since it lacks relatively: (i) Flexible legal options reg

  • Q : Riskiness of an Investment When the

    When the riskiness of an investment into an apartment complex warrants a 12.5% annual rate of return and the complicated is expected to generate net cash flow (as after utilities, preservation and other costs) of $2 million per year,

  • Q : Supply of good increment from the

    The supply of good increases from the perspective of buyers while: (1) the government subsidizes production of the good. (2) price ceilings limit rates of return on investment. (3) queuing replaces allocation based upon high prices. (

  • Q : Problem regarding marginal factor cost

    In equilibrium for any of profit-maximizing firm, marginal revenue product of the labor: (i) Is equivalent to the change in net revenue related with selling an extra unit of output. (ii) Surpasses the wage rate by maximum possible. (iii) Equivalents marginal factor co

  • Q : Predictable results of unexpected

    Predictable results of unexpected development of demand for a competitively produced good comprise increases and in that case gradual decreases in the: (w) price of the good and the profits of producers. (x) consumer surplus derived from the good. (y)