Introduction to Economics 1 Deneme Sınavı Sorusu #831116

I. Market Price

II. Technology

III. Changes in Population

Which of the givens are considered a determinant of labor supply?


Only I

Only II

I and II

I and III

II and III


Yanıt Açıklaması:

There is obviously an inverse relationship between the wage and the quantity of labor demanded. Market Price, Technology, Prices of other Factors of Production, Number of Firms in the Market are determinants of labor demand. The answer is C

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