--%>

Imports good in purely competitive labor market

When this purely competitive labor market is primarily in equilibrium at of D0L, S0L, a shift to equilibrium at D2L, S0L would be probably to follow by increases in: (1) minimum wage laws. (2) imports of this good from foreign competitors. (3) workers' desires for leisure as well as willingness to sacrifice extra income. (4) general training of these workers. (5) the depreciation rate for capital used through these firms because of obsolescence.

2394_Labor Market Equilibria.png

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Managerial Economics

  • Q : Limitation for using illustrations of

    Illustrations of economic capital would NOT contain: (i) an accountant's computer. (ii) 1,000 shares of stock within Google. (iii) a sixteen-pound sledgehammer. (iv) tires upon an eighteen-wheeler truck. (v) paper into the printer of a romance novelis

  • Q : What are the types of price

    What are the types of price discrimination?

  • Q : Wage rate by hiring labor by price taker

    A firm which is a price taker in the labor market will hire labor to the point where the wage rate is equals labor’s: (w) average output. (x) marginal revenue product. (y) average revenue product. (z) marginal physical product.<

  • Q : Reason of an unexpectedly good

    An unexpectedly good agricultural harvest because of the: (w) profits of most speculators to soar. (x) population growth rate to accelerate. (y) market demand and price to increase. (z) quantity of food demanded to develop. I need

  • Q : Describe why firms may shut down

    If a perfectly competitive firm determines that its market price is below its minimum average variable cost, this will sell: w) the output where marginal revenue equivalents marginal cost. x) any positive output the entrepreneur decid

  • Q : Explain the target pricing briefly

    Explain the target pricing briefly.

  • Q : Profit Maximization in Labor Market and

    As a firm is a pure competitor in both the labor market and during the sale of its product, this will hire labor where: (w) profit is maximized. (x) marginal revenue product = marginal resource cost. (y) wage = value of the marginal product. (z) All o

  • Q : What did professor Hidbon illustrates

    What did professor Hidbon illustrates about Demand?

  • Q : Explain the meaning of price Explain

    Explain the meaning of price.

  • Q : Explain the cost concepts briefly

    Explain the cost concepts briefly.