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When relationship between the wage and the quantity of labor that all firms are willing to employ is called?
Wiki User
∙ 12y ago
the individual labor supply
Wiki User
∙ 12y ago
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What is a negative relationship between the quantity demanded and price called?
Propensity to consume
When quantity supplied is more than quantity demanded its called?
A quantity supplied is more than quantity demanded its called A Surplus.
Relationship between quantity and price?
When quantities are plentiful the price lowers; when quantities are scarce the price rises. Also called supply and demand. Whether or not it right or wrong, it's just the way it is and we have to accept it or do without that particular commodity.
What is Physical relationship between input and output called?
is unknown
What does ''highly correlated'' mean?
Correlation is defined as the degree of relationship between two or more variables. It is also called the simple correlation. The degree of relationship between two or more variables is called multi correlation. when two or more variables are said to be higjly correlated it means that they have a strong relationship such that a given rise or fall in one variable will lead to a direct change in the other variable or variables. good examples of highly correlated variables are price and quantity, wage rate and out put, tax and income.
What is a relationship between two quantities in which the ratio of one quantity to other quantity is constant?
It is called direct variation.
What is a negative relationship between the quantity demanded and price called?
Propensity to consume
What curve shows the relationship between the sales price and quantity is called the demand curve?
supply
What is a relationship between two quantities in which the ratio of one quantity to the other is constant?
It is called direct variation.
The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the?
The difference between actual quantity and standard quantity is called the material quantity variance.
What is the relationship called between a man and woman?
If it is sexual, it is called a heterosexual relationship.
A tentative descriptive statement of the relationship between the variables is called?
A tentative descriptive statement of the relationship between the variables is called hypothesis
The constitution established a relationship between national and state governments This relationship is called?
The constitution established a relationship between the state and national governments in the preamble of the constitution. The relationship is called new federalism.
What is a close meaningful relationship between you and an individual called?
Friendship
What is the relationship between egrets and cattle called?
It is a Commensalism relationship
What are the differences between synecology and autecology?
The study of relationship between individual species and environment is called Autecology. Study of relationship between communities and environment is called synecology.
What is The level of closeness between multiple measurements of the same quantity is called?
Precision
