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  3. Study Set
    Modern Labor Economics
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    Exam 4: Labor Demand Elasticities
  5. Question
    If Labor Is a Small Percentage of the Total Costs
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If Labor Is a Small Percentage of the Total Costs

Question 39

Question 39

Multiple Choice

If labor is a small percentage of the total costs of an industry,this will tend to make the own-wage elasticity of labor demand


A) high.
B) low.
C) positive.
D) zero.

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