Most Mexican workers can increase their wages if they migrate to the United States, a demand-pull factor for migration
Indicate whether the statement is true or false
TRUE
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If the number of employers for a particular type of labor increases, which of the following shifts should occur in the labor market for the particular type of labor?
A. Demand for labor should shift to the left. B. Demand for labor should shift to the right. C. Supply of labor should shift to the right. D. Supply of labor should shift to the left.
The consumer optimum for consuming two goods is achieved when
A) the total utility from each good is equal. B) the price of each good is equal. C) the price multiplied by the marginal utility is equal for the two goods. D) the marginal utility per last dollar spent is equal for the two goods.
What is a firm's balance sheet?
What will be an ideal response?
Other things being equal, the elasticity of demand for labor will be greater the:
A. Smaller the proportion of total costs accountable for by labor costs B. Smaller the elasticity of demand for the product it produces C. Larger the number of close substitute resources available D. More rapid the decline in its marginal productivity