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How is labor scarce?
Labor is scare is a situation where an economy lacks people with the proper qualifications to fill in the market place. This is one of the main scarcity problems in the economy.
What determines the supply and demand of the factors of production?
The demand for labor is a derived demand in that it depends on a company's decision to supply output in another market. This expansion in a market that has customers is the main factor in how much the demand for labor will increase.
What are the characteristics of command ecomy?
There are a few main characteristics of a command economy. These include having the government make decisions about which sections produce what products, the demand being based on the decision of the market economy, and the pricing being decided by the government.
What are the main characteristics of central bank?
characteristics of a central
What are the four characteristics of a pure monopoly?
1) Only one firm in the market (no competition). 2) Significant barriers to entry by other firms exist. 3) Lack of substitute goos for the monopolist's good. 4) Firm is a price-maker.
What are the characteristics of market-garden?
Main characteristics of market gardening : a) very high outputs b) increasing use of glasshouses (which protect crops from poor weather conditions) c) a lot of labour (skilled labour)
What are the main characteristics of communication?
The main characteristics of communism are that the government, instead of private citizens, owns the capital and land and then allocates these resources as it sees fit. The government also controls the prices for labor and goods.
What are the main characteristics and amenities of the opulent villas that are now on the market in Phuket?
Stone Phalluses of Pompeii
What are the main characteristics of slavery?
One main characteristic of slavery is the fact that people weren't paid for their labor. Additionally, they were beaten and killed because they had no rights.
How is labor scarce?
Labor is scare is a situation where an economy lacks people with the proper qualifications to fill in the market place. This is one of the main scarcity problems in the economy.
What determines the supply and demand of the factors of production?
The demand for labor is a derived demand in that it depends on a company's decision to supply output in another market. This expansion in a market that has customers is the main factor in how much the demand for labor will increase.
Why did the brazilians leave Brazil?
The main Reasons Exchange Learn other languages Overview of other labor market
What is the main difference between the labour market and goods market?
labour markets are fat and job markets are S**y
What are main characteristics of industrial relation system in India?
Trade unions, labor organizations and partnerships have all developed as a result of the industrial relation system in India. Employee participation and collective bargaining are also main characteristics of their system.
What are the factors that influence the attractiveness of a country as a market?
The main factor in considering a country attractive as a market are the margins of profit that the country offers. The profit is in influenced by the cost of labor as well as the resources available.
Function of International credit market?
The main function of the international credit market is to make profit. Another function is to ensure that the local currency value is not brought down.
What are the main characteristics of hardwood tree seeds?
What are the main characteristics of a tree
