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The price elasticity of demand for labor will be smaller, the
A) smaller is the price elasticity of demand for the final product.
B) easier it is to employ substitute inputs in production.
C) larger is the proportion of wage costs in the total cost of production.
D) longer is the time period under examination.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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Mkersey12Mkersey12
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A1 Author
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#2
5 years ago
Tremendous help, I just double-checked it with my friend Smiling Face with Open Mouth
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