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What happens to the MP of labor when the market price of the good produced increases?
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What Best explains the effect of immigration in the labor market?
buy one get one free
What describes the effect of outsourcing on the labor market in the United States?
Competition for jobs increases and wages go down.
How Goods Services are produced?
goods and services in a market economy should be produced by labor. capital is needed so that physical products are produced by labor. capital tends to make labor more productive. in order to makes products land is needed to create for labor. labor is used to create capital on land to produce wealth.
Which of following best describes the effect of outsourcing on the labor market in the US?
Competition for jobs increases and wages go down
Which of the following best describes the effort of outsourcing on the labor market in the US?
Competition for jobs increases and wages go down.
What Best explains the effect of immigration in the labor market?
buy one get one free
Malthus believed that as the labor increases extra food will only be produced by farming less fertile soil?
true!!!!
What describes the effect of outsourcing on the labor market in the United States?
Competition for jobs increases and wages go down.
How Goods Services are produced?
goods and services in a market economy should be produced by labor. capital is needed so that physical products are produced by labor. capital tends to make labor more productive. in order to makes products land is needed to create for labor. labor is used to create capital on land to produce wealth.
Which of following best describes the effect of outsourcing on the labor market in the US?
Competition for jobs increases and wages go down
Malthus believed that as the labor force increases extra food will only be produced by farming less fertile soil?
Yes, Thomas Malthus proposed that population growth would outpace food production due to the fixed supply of land. He argued that as the labor force grows, more marginal land would need to be cultivated to feed the increasing population, leading to diminishing returns and ultimately a struggle to provide enough food for everyone.
Which of the following best describes the effort of outsourcing on the labor market in the US?
Competition for jobs increases and wages go down.
What is an example of a factor market?
Labor Market
When output increases the unit labor cost falls and the unit material cost falls why?
because the fixed cost is absorbed into the number of units produced.
How did World War 2 help racial minorities in the labor market?
Which labor market?
What are the effects of migration on the labor force?
Immigration increases the supply of labor
What did marx argue that all wealth is produced by?
by labor
