Physical Productivity of labor

Labor’s physical productivity based most directly on technology and the: (w) tastes and preferences of consumers. (x) transactions demand for money. (y) prices and availability of the other resources. (z) level of per capita income.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

View Complete Question

Related Questions in Managerial Economics

Q : Define Cost Volume-Profit relationship

Describe briefly Cost Volume-Profit relationship?

Q : Illustrates the factors changes in

Illustrates the factors changes in demand?

Q : Explain managerial economics as a tool

Does managerial economics as a tool for decision making? Explain this term.

Q : Welfare definition of economics Explain

Explain the welfare definition of economics? Why is it criticized?

Q : Hiring more labor in profit maximization

When a firm hires an additional worker who adds $100 worth of output daily, and adds $50 daily to the firm’s costs, in that case the firm must: (w) hire more labor. (x) hire less labor. (y) not change its employment of labor. (z) sell off some o

Q : Costs of investing within human capital

The costs of investing within human capital are probably to be borne by the employee when human capital a worker obtains “on the job” is: (1) general. (2) marginal. (3) precise. (4) generic. (5) specific.

Q : Determined equilibrium wage from the

Within a purely competitive labor market, there the firm: (w) sets the wage that the household should accept. (x) should accept the wage demanded by the household. (y) and household arrive at the wage by bargaining. (z) and household should take the e

Q : Move downward demand for labor The

The demand for labor would move downward like a consequence of: (w) grocery stores buying fewer automatic check-out touchpad computers, and in place of relying more heavily on cashiers to ensure friendly interactions along with customers. (x) declines

Q : Examples of Economic Capital

Landscaping a garbage dump along with topsoil, grass and trees to construct a golf course is an illustration of creating new: (i) capital. (ii) land. (iii) employment. (iv) economic profits. (v) natural resources. Please guys help

Q : Wage rate and labor in supplying By the

By the following choices in this illustrated graph, this worker would be happiest at point: (w) point a. (x) point b. (y) point c. (z) point d.

Discover Q & A

Leading Solution Library

Avail More Than 1439223 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1936944
Asked

3,689

Active Tutors

1439223

Questions
Answered

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

Submit Assignment