When the quantity of labor demanded exceeds the quantity of labor supplied, the real wage rateA.rises to eliminate the labor-market shortage.B.falls to eliminate the labor-market surplus.C.rises to eliminate the labor-market surplus.D.falls to eliminate
In a competitive market, there are many buyers and sellers, each of whom has little or no influence on the market price. ? The demand curve shows how the quantity of a good demanded depends on the price. According to the law of demand, as the price of a good falls, the quantity ...
Suppose there is a rise in the real wage rate. As a result, the quantity of labor demandedA.increases.B.decreases.C.does not change because there is no change in the money wage rate.D.increases only if the price level also decreases.的答案是什么.用刷刷题
A good has derived demand when it depends on the demand for another good/service. In the case of labor, its demand is derived from the demand of goods...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question ...
The best measure of the standard of living is real GDP per capita. Long-run economic growth is measured by increases in real GDP per capita. Increases in real GDP per capita depend on increases in labor productivity. Labor productivity is the quantity of goods and services that can be ...
To say that demand for labor is a derived demand means that A. the quantity of labor is derived by the real wage rate. B. the demand for labor depends upon the demand for the product produced by labor. C. the supply ...
When the quantity of labor demanded equals the quantity of labor supply, an equilibrium price is produced. Efficiency wages are the act of an employer deliberately setting an employee's salary above the market-clearing rate. 市场清洁工资率是供给和需求的作用设置的平衡率。 当被要求的劳方的数量...
更多“A binding minimum wage causes the quantity of labor demanded to exceed the quantity of labor supplie…”相关的问题 第1题 The shipper is deemed to have guaranteed the accuracy at the time of shipment of the quantity and weight as furnished by him,and must indemnify ___ against all ...
The quantity of labor demanded has varying degrees of responsiveness to changes in the wage. * WHEN THE DEMAND FOR LABOR IS ANALYZED, TWO SETS OF DISTINCTIONS ARE MADE: Demand by firm v.s. the demand curves for an entire market. Note: Firm and market labor demand curves have different ...
4. the quantity of minutes, hours, days etc, eg spent in, or available for, a particular activity etc. This won't take much time to do; I enjoyed the time I spent in Paris; At the end of the exam, the supervisor called `Your time is up!'tiempo ...