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Introduction to Economics 1
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Factors of Production and Factor Markets soru cevapları
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Factors of Production and Factor Markets soru detayı:
SORU:
What does the demand curve for labor show?
CEVAP:
A labor demand curve shows the number of workers firms are willing and able to hire at different wages. If the labor market is competitive, the firm is a price-taker and can hire as many workers as it likes at the current wage.