--%>
Assignment Help - homework help

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 : Lower rates of return by financial

    Financial assets will create lower rates of return to prospective investors while: (w) they become more liquid. (x) their prices go up. (y) interest rates increase. (z) default risks decrease. Hey

    		•
  • Q : Illustration of arbitrage in financial

    Darlene thinks as the “cowboy look” will rebound sharply subsequent spring. Then she travels to Mexico and buys ten-thousand pairs of primo cowboy boots at $35 every, and after that waits, expecting to sell them for $350 a pair in Chicago within the spring

    		•
  • Q : Essay why is marginal revenue

    why is marginal revenue product=marginal resource cost a formula for profit maximization?

    		•
  • Q : Kinked demand curve of an oligopoly

    The kinked demand curve of an oligopoly model supposes: (w) price increases will be followed. (x) price increases will be matched. (y) price declines will be matched. (z) any price changes will be matched.

    Q : Maximum possible economic profit of firm

    This firm’s maximum possible economic profit equals: (i) $12,000 per period. (ii) $16,000 per period. (iii) $20,000 per period. (iv) $24,000 per period. (v) $28,000 per period.

    Q : History-AFL-CIO The amalgamation of

    The amalgamation of American Federation of Labor, representing the craft unions and the Congress of Industrial Unions, representing the industrial unions, happened in: (i) 1955. (ii) 1960. (iii) 1970. (iv) 1965. (v) 1975. Find out

    		•
  • Q : Monopsonistic Exploitation Can someone

    Can someone help me in finding out the right answer from the given options. The employer with monopsony power exploits the labor if it pays a wage: (i) At a bare subsistence level. (ii) That stabilizes worker population. (iii) Less

    		•
  • Q : Characteristics of Entrepreneurship The

    The Characteristics common to most of the successful entrepreneurs do not comprise: (1) Vision and timing. (2) Conviction and action. (iii) Luck and the bureaucratic one-upmanship. (iv) Determination and workaholics. Can someone pl

    		•
  • Q : Illustration of most complete monopoly

    The most complete monopoly by the given list would be: (1) McDonald’s dominance in marketing fast food burgers. (2) the Federal Reserve System [i.e., an arm of the government] issuing all US currency. (3) limiting subsidized low tuitions at stat

    		•
  • Q : Demands possibly the least income

    Demands are possibly the least income elastic for very poor Americans for: (i) automobile services. (ii) Big Macs. (iii) lard. (iv) housing. (v) health care. Can anybody suggest me the proper expla

    		•