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What impact is globalization having on labor demand and supply?
Wiki User
∙ 16y ago
Demand for labour in developing countries is increasing since labour is cheaper there due to a large supply. Developed countries are seeing a fall in the demand for labour due to the high price of labour and also face a shortage in supply due to falling birth rates. Its basically along these lines
Wiki User
∙ 16y ago
Wiki User
∙ 14y agoToo many companies have packed up their manufacturing and moved it overseas, to countries that allow their people to work in poor conditions and for too little pay, that unions have been fighting against here for decades. Because of this, too many Americans have lost their good paying jobs. If this keeps up, our standards of living will go in reverse to be able to compete. The middle class will disappear, and the rich will get richer!
Wiki User
∙ 6y agoCompetition for jobs is greater
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How does scarcity impact economic decisions?
Supply and demand. When the supply is low the price usually goes up.
Write Equations for Supply and Demand Functions?
supply and demand both are the function of price (as law of demand and law of supply stated). also price has positive impact on supply and negative impact on demand.supply=f(p)demand=f(p)so by having the idea of laws of demand and supplydemand equation can be written as:D=a-bp ; a=intercept , b=slopeand supply equation can be written as:S=c+dp ;c=intercept , d=slopethese equations can only be true if all other things remain sameotherwise we have to include others factors causing change in demand and supply.like income,prefferences,taste,advertisement cost,weather etc for demandand price of resourses(land,labor,capital,row meterial),management skill,technology,marketing,production techniques expectations etc for supply
How is supply and demand related to free enterprise?
they both haveto do with determination and having right
How do lower interest rates help consumers?
Having low interest rates means the money supply in the economy is increased, thereby allowin people to spend more which thus should have the impact of increasing demand.
Demand rises and supply is constant?
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
Is law of demand applicable to all applicable?
Yes, as phrased, but supply can impact demand at times.
How does scarcity impact economic decisions?
Supply and demand. When the supply is low the price usually goes up.
How does products supply impact its price?
When supply increases and demand decreases, the price goes down. When supply goes up and demand stays the same, price also goes down. When demand goes up and supply either stays the same or decreases, then the price goes up
Write Equations for Supply and Demand Functions?
supply and demand both are the function of price (as law of demand and law of supply stated). also price has positive impact on supply and negative impact on demand.supply=f(p)demand=f(p)so by having the idea of laws of demand and supplydemand equation can be written as:D=a-bp ; a=intercept , b=slopeand supply equation can be written as:S=c+dp ;c=intercept , d=slopethese equations can only be true if all other things remain sameotherwise we have to include others factors causing change in demand and supply.like income,prefferences,taste,advertisement cost,weather etc for demandand price of resourses(land,labor,capital,row meterial),management skill,technology,marketing,production techniques expectations etc for supply
How is supply and demand related to free enterprise?
they both haveto do with determination and having right
What are some supply chain management solutions?
Some supply management solutions are things like the impact of globalization and geographic features around the globe. You can go to a supply management website and find customer service for more information too.
How do lower interest rates help consumers?
Having low interest rates means the money supply in the economy is increased, thereby allowin people to spend more which thus should have the impact of increasing demand.
How much is the Demand and supply for Durian Jam?
The price having stablised, by Say's Law the supply and demand must be equal. The quantity of Jam is unspecified, so the "much" that you enquire about cannot be found.
Demand rises and supply is constant?
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
What happens if there is not enough supply for the demand?
If there is not enough supply for the demand, the demand won´t be able to buy the supply
Law of demand and supply?
Consumers is the law of supply and demand.
What is the term for the point at which supply and demand are exacly equal?
This would be having exactly enough, but not too much of the product in demand. So you would be maximizing profit!
