« previous next »

Author Question: What are the influences on the demand for labor? What will be an ideal ... (Read 43 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
What are the influences on the demand for labor?
 
  What will be an ideal response?

Question 2

When a celebrity has the desire to have his image protected following his death, this is best described as an example of the protection of
 
  A) a patent. B) intellectual property.
  C) an invention. D) a trademark.


brittiany.barnes

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

Factors that influence the demand for labor are the wage rate, the price of the firm's output, the prices of other factors of production, and technology. A lower wage rate increases the quantity of labor demanded. A rise in the price of a substitute for labor or a fall in the price of a complement for labor increases the demand for labor. A new technology or new capital that increases the marginal product of labor increases the demand for labor.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Environmental influences on the expression of PKU within a single family Environmental influences on the expression of PKU within a single family
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
Influences on Temperature: South-facing slopes are typically more vegetated than north-facing ... Influences on Temperature: South-facing slopes are typically more vegetated than north-facing ...
Chronic disease is caused by a mixture of genetic and environmental influences Chronic disease is caused by a mixture of genetic and environmental influences
Effect of Shifting Labor into R&D Effect of Shifting Labor into R&D
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library