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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
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Determinants of demand include factors that determine the amount that will be purchased at each price?
Determinants of demand include factors that determine the amount that will be purchased at each price
Factors affecting demand and supply of labor?
Factors affecting demand of labor :1) Wage rates fluctuations2) The need of factor input in a firm varies with time3) Increasing training costsFactors affecting supply of labor:1) Competitive labor market2) Working condition3) Inflation
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 factors may determine the quantity of a good that buyers demand?
Price of the good in question.
What three factors determine the demand for a product?
The desire, ability, and willingness to buy a product
What are the factors that can influence demand for land labor capital entrepreneur?
Supply, demand, price, and cost would be the factors.
Determinants of demand include factors that determine the amount that will be purchased at each price?
Determinants of demand include factors that determine the amount that will be purchased at each price
What two factors determine market structure?
demand and supply
What are demand determinants?
Factors that also determine the quantity demanded.QdxPxPyITN
Factors affecting demand and supply of labor?
Factors affecting demand of labor :1) Wage rates fluctuations2) The need of factor input in a firm varies with time3) Increasing training costsFactors affecting supply of labor:1) Competitive labor market2) Working condition3) Inflation
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 factors determine the volume of production?
hwo to damand the cause of good sold.....how to determine the demand of production
What factors affect demand?
There are a number of factors that affect resource demand. Some of them include amount of labor, income prices of the related aspects, availability of the resources and so much more.
What factors may determine the quantity of a good that buyers demand?
Price of the good in question.
What three factors determine the demand for a product?
The desire, ability, and willingness to buy a product
What factors affect resource demand?
There are a number of factors that affect resource demand. Some of them include amount of labor, income prices of the related aspects, availability of the resources and so much more.
What does the demand for labor contribute to?
Demand for labor contributes to how much wages should be
