Multiple Choice
The short-run supply of a human resource will be more elastic the
A) more elastic the demand for the product to be produced.
B) more inelastic the demand for the product to be produced.
C) lower the skill level necessary to perform the job.
D) harder it is to acquire the skill and knowledge necessary to provide the resource.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: If a firm is using a resource
Q42: If the price of airline tickets falls,
Q83: If the marginal revenue product of the
Q91: An increase in the demand for automobiles
Q96: If the price of cotton increases<br>A) consumers
Q102: When an employer pays the cost of
Q139: A sudden increase in the demand for
Q190: A change in the demand for a
Q197: The following figure indicates the reductions in
Q198: Harold Brown runs a company that sells