True/False
If the demand for luxury cruises is price elastic, one can conclude that the demand for the staff working on the vessels is sensitive to the wage rate of these workers.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q170: Which example would BEST represent job crowding
Q171: Suppose a city is developed on the
Q172: The act requiring that men and women
Q173: In general, the union wage differential is
Q174: Which of these is MOST likely to
Q176: What types of industries have been outsourced
Q177: Which change will cause the market labor
Q178: If unions are successful at restricting the
Q179: Which of these describes a labor market
Q180: Suppose the wage rate rises. After the