LEAST affected labor in short run

The short-run demand for labor would be LEAST affected by the: (w) productivity of the resource. (x) prices of substitute resources. (y) demand for goods produced by the resource. (z) fixed costs of a firm.

Hey friends please give your opinion for the problem of Economics that is given above.

View Complete Question

Related Questions in Microeconomics

Q : Consumer behaviour Graphical

Graphical representation of relationship between MPC and multiplier?

Q : Public policies to protect by limiting

The government breakup of AT and T within various regional telephone companies and deregulating long distance services are illustrations of government: (w) enforcement of company size ceiling regulations. (x) creation of monopoly powers. (y) trying to

Q : Patent new invention included in

Predatory behavior would not comprise: (w) aggressive advertising. (x) monopolizing access to essential resources. (y) lowering prices. (z) getting a patent on a new invention which is likely to start a new industry.

Q : Marginal social benefits of products If

If an oligopoly achieves equilibrium, in that case the marginal social: (w) benefits of their products exceed the marginal social costs. (x) cost of their product exceeds the marginal social benefit. (y) benefits equal the marginal so

Q : Define Marginal rate of Substitution or

Marginal rate of Substitution (MRS): It is the rate at which a consumer is prepared to give up one good to get the other good.

Q : Problem on monopolistically competitive

Refer to the given diagram for a monopolistically competitive firm give the answer of following question. Long-run equilibrium price will be: 1) above A. 2) EF. 3) A. 4) B.

Q : Most efficient technology at the lowest

When all goods are produced in highly competitive markets as well as there are no externalities, goods tend to be manufactured: (i) relatively inefficiently. (ii) along with the most efficient technology at the lowest price. (iii) along with maximum p

Q : Problem on Boycotts People who reject

People who reject to purchase the products of a firm whose actions they condemn, especially when such rejection is intended to support the employees who are on strike, and who urge others to not purchase such products, or to not deal with these firms, are engaged in a

Q : Absolute and Complete Inequality

Absolute and complete inequality into the distribution of income or wealth would be reflected within the Lorenz curve demonstrated as: (i) line 0A0'. (ii) line 0B0'. (iii) line 0C0'. (iv) line 0D0'. (v) line 0F0'.

Q : What will occur when government taxes a

When the government taxes a good, the price consumers currently face is most probably: (w) higher than before the tax. (x) below the price the seller receives. (y) less than average production cost. (z) justified through welfare payments to taxpayers.

Discover Q & A

Leading Solution Library

Avail More Than 1452473 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1939516
Asked

3,689

Active Tutors

1452473

Questions
Answered

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

Submit Assignment