--%>

Labor Supply-Elasticity

I have a problem in economics on Labor Supply-Elasticity. Please help me in the following question. When we try to list the labor supplies from least elastic to the most elastic, then the most accurate ranking would most likely be: (i) Competitive firm, small industry and highly skilled occupation. (ii) Economy, skilled occupation and competitive firm in the small industry. (iii) Firm, economy, unskilled occupation and individual full-time worker. (iv) Economy, firm and individual full-time worker.

What is most precise answer.

   Related Questions in Microeconomics

  • Q : Problem on Market clearing price The

    The Equilibrium in a market needs the attainment of a: (1) Balancing act passed by the Congress. (2) Supply price for each and every possible quantity. (3) Demand quantity for each and every possible price. (4) Market clearing price.

    Q : Unitarily elasticity in supply curve At

    At point b, in demonstrated figure the supply curve into this graph is: (w) perfectly elastic. (x) elastic, but not perfectly that why. (y) unitarily elastic. (z) inelastic.

    Q : Central problems of an economy

    Elucidate the central problems of an economy: A) What to produce? B) How to produce? C) For whom to produce? Answer:

    Q : Marginal revenue curve A monopolist

    A monopolist which does not price discriminate has a marginal revenue curve which slopes down faster than does the demand curve the monopolist faces since: (1) economies of scale are significant. (2) selling more requires lowering the

  • Q : Influences of Ceteris Paribus The Latin

    The Latin phrase applies to the idea which all other effects on some dependent variable are to be supposed constant if examining the effect of changing a single independent variable is as: (1) Fiat justitia, ruat coelum. (2) Platea unum. (3) Unum paribus. (4) Ceteris

  • Q : Labor Contracts-Agreement of shops I

    I have a problem in economics on Labor Contracts-Shop Agreements. Please help me in the following question. The union leaders would tend to favor the contract clause needing: (1) A sweat shop. (2) An agency shop. (3) A union shop. (4) An open shop.

  • Q : Linear supply curves-elasticity for

    A straight-line that positively sloped supply curve which starts from the basis is: (w) elastic for all prices and quantities. (x) inelastic for all prices and quantities. (y) unitarily elastic for all quantities and prices. (z) negatively associated

  • Q : Domestic production possibilities curve

    Refer to the following domestic production possibilities curve for Karalex. The gain to Karalex from specialization and international trade is represented by a move from: 1) A to B. 2) C to A. 3) C to D. 4) B to E.

    Q : Definition of Craft Unions I have a

    I have a problem in economics on Craft Unions. Please help me in the following question. The craft union: (i) Is organized about a specific skill. (ii) Bargains for all the workers in a specific industry. (iii) Represents the workers, whereas an indus

  • Q : Problem on national income Can someone

    Can someone help me in finding out the accurate answer from the given options. In short run, the demand for a normal good increases when: (i) Income become less uniformly distributed. (ii) The prices of complementary goods increase. (iii) National income mounts. (iv)