Assignment Help - homework help

Price of output in purely competitive labor market

When this purely competitive labor market is primarily in equilibrium at D0L, S0L, a moving step to equilibrium at D1L, S0L would be probably to follow from increases in: (w) imports of this good by foreign competitors. (x) workers’ demands for greater leisure. (y) skill levels required to operate newly adopted technologies. (z) the price of output.

1965_Labor Market Equilibria problem.png

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Managerial Economics

  • Q : Formation of cartels Cheating on

    Cheating on agreements is a common problem along with firms which engage in the formation of: (1) predatory prices. (2) game theory groupings. (3) cartels. (4) pure competition. (5) asymmetric payoffs. Can someone explain/help me w

    		•
  • Q : Illustrates the steps in formulating

    Illustrates the steps in formulating pricing policies in details?

    		•
  • Q : Market supply of specialized labor A

    A supply of specialized labor tends to shrink while: (1) the social status of that field rises. (2) an increase in income expectations happens. (3) employment stability increases and training costs decrease. (4) wages rise into a field using similar s

    		•
  • Q : Explain the way of Price Elasticity of

    Explain the way of Price Elasticity of Demand.

    		•
  • Q : Illustrates terms total cost

    Illustrates the terms total cost, average cost and also marginal cost?

    		•
  • Q : Illustrates fundamental characters of

    Illustrates the fundamental characters of human existence given by Lionel Robbins?

    		•
  • Q : Explain the term average fixed cost

    Explain the term average fixed cost.

    		•
  • Q : Illustrates the Importance of

    Illustrates the Importance of managerial economics?

    		•
  • Q : Specific Training by Human Capital A

    A firm which provides its workers along with substantial exact training tends to: (i) pay such individuals premium wages to try to make sure retaining these workers. (ii) require workers to sign legal contracts of peonage and indenture. (iii) increase

    		•
  • Q : Implicit Labor Contracts If workers

    If workers accept lower wages in exchange for employer assurances of enhanced job security, employment agreements are illustrations of: (i) credentialism. (ii) comparable worth. (iii) specific training. (iv) an implicit labor contract. (v) human capital.

Home | Company Overview | Services | Discover Q&A | Sitemap | Contact Us | T & C | Refund Policy | Copyright Policy | Blog | Q&A | Directory

©TutorsGlobe All rights reserved 2022-2023.