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What factors determine the demand for labor?
causes a movement along the MRP curve: -wage rate causes a shift of the MRP curve: -price of capital -changes in productivity -changes in the price of the firm's product -demand for the product
Is an increase in demand represented by a movement up the demand curve?
An increase in demand is represented by a shift of the demand curve to the right; not a movement along the demand curve. An increase in the quantity demanded would be a movement down the demand curve.
Movement along a demand curve?
explain graphically the movement along the demand curve
What does a demand curve show?
The upward movement of the demand curve indicates the rising demand of the product, whereas downward movement of the demand curve indicates falling demand.
What are the causes of change in demand?
The causes of change in demand is due to the rise and fall of price.
What determines the demand for labors?
causes a movement along the MRP curve: -wage rate causes a shift of the MRP curve: -price of capital -changes in productivity -changes in the price of the firm's product -demand for the product
What factors determine the demand for labor?
causes a movement along the MRP curve: -wage rate causes a shift of the MRP curve: -price of capital -changes in productivity -changes in the price of the firm's product -demand for the product
Is an increase in demand represented by a movement up the demand curve?
An increase in demand is represented by a shift of the demand curve to the right; not a movement along the demand curve. An increase in the quantity demanded would be a movement down the demand curve.
Movement along a demand curve?
explain graphically the movement along the demand curve
What does a demand curve show?
The upward movement of the demand curve indicates the rising demand of the product, whereas downward movement of the demand curve indicates falling demand.
What are the causes of change in demand?
The causes of change in demand is due to the rise and fall of price.
what causes you to have a short bowel movement?
what causes your bowel movement to be short in length
Does a change in consumers' tastes lead to a movement along the demand curve or a shift in the demand curve?
A change in consumer's tastes leads to a shift in the demand curve. A change in price leads to a movement along the demand curve.
Does the change in consumer tastes lead to a movement along the demand curve or a shift in the demand curve?
A change in consumer's tastes leads to a shift in the demand curve. A change in price leads to a movement along the demand curve.
What is the difference in a movement along the demand curve and a shift in the total curve?
Distinguish between the movement along the demand curve and shift in demand curve with the assistance of suitable graphs and explanations?
What is relative elasticity of demand?
reduction in price causes more change in demand
What is expected demand?
Answer Scarcity causes demand and demand establishes a market, ultimately the sales increase. I think that 'increase of sales' is the expected demand.
