Share of wages problem, Can someone please help me in finding out the accurate answer

Share of wages problem

Can someone please help me in finding out the accurate answer from the following question. The elasticity of demand for the labor tends to rise as there are increases in the: (i) Amount of capital utilized in a production procedure. (ii) Rate of automation in industry. (iii) Difficulty in replacing among various resources. (iv) Share of wages in net production costs. (v) Participation rates of the women in labor force.

View Complete Question

Related Questions in Microeconomics

Q : Justified investment by paying income

When the price of each of the given assets is $10,000 and the interest rate is 10%, then investment is most justified for: (1) a perpetuity paying $900 annually. (2) a machine with a 3 year life which can be leased to an outsider for $10 per day. (3) an income stream

Q : Effective price discrimination

Effective price discrimination does NOT need a firm to: (w) segment the market into groups along with various demand elasticities. (x) be a monopoly. (y) prevent trading among customers who are charged different prices. (z) possess some market p

Q : Differences in the arc elasticities of

The dissimilarities in the arc elasticities of demands for labor among the Ajax Corporation and Bosun Limited are consistent along with an inference which Bosun: (1) is a more profitable firm than Ajax. (2) hires more highly skilled workers than Ajax

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 : Opponents of the current welfare system

Opponents of the current welfare system who desire the welfare system scaled down tend to argue which this: (1) has constantly experienced funding cuts for the past decade. (2) cannot succeed in helping poor people within a market economy. (3) stimula

Q : Problem on Market Power and Demand for

Can someone help me in finding out the right answer from the given options. Imperfect competition in the product markets outcomes in: (i) Less labor hired than when product markets were competitive. (ii) Above the equilibrium wages being paid by the monopolists. (iii)

Q : Variation in demand and supply with

It shifts within the demand for new textbooks from D0 to D1 may be a result of: (1) increased enrollments of students. (2) consumers' expectations of a future increase within the price of textbooks. (3) increased literacy rates. (4) increasingly efficient E-

Q : Signaling definition Can someone please

Can someone please help me in finding out the accurate answer from the following question. Job applicants employ polished resumes explaining education, skills and work experience, accompanied by the supportive letters of recommendation letters as tools in the procedur

Q : Process of channeling funds from savers

Financial intermediation is, largely, the process of: (1) lending money out at interest. (2) spending funds faster than revenues are obtained. (3) channeling funds from savers to dissavers, as well as to investors into economic capital. (4) buying and

Q : Minimum Supply Amounts of Resources

Payments for a resource into excess of the minimum needed to supply specified amounts of the resource are termed as: (1) economic rents. (2) wage premiums. (3) excess profits. (4) surplus values. (5) capitalization.

Discover Q & A

Leading Solution Library

Avail More Than 1418772 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1953158
Asked

3,689

Active Tutors

1418772

Questions
Answered

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

Submit Assignment