Multiple Choice
Increases in the minimum wage will have the least impact on employment when the demand for Labour is:
A) inelastic.
B) unitary elastic.
C) perfectly elastic.
D) elastic.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q30: The labour supply is backward bending because:<br>A)
Q31: Which of the following will increase the
Q32: In response to a wage rate increase:<br>A)
Q33: The quantity of labour supplied to an
Q34: The demand for a certain occupation will
Q36: The total cost of 4 workers is
Q37: As more workers are hired by the
Q38: The imposition of a payroll tax:<br>A) shifts
Q39: The main technique that industrial unions use
Q40: The firm's demand curve for a specific