answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Which best explains why the law of supply and demand has an effect on the labor market?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What best explains why the law of supply and demand has an effect on labor market?

In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity


Illstrurate te effect od subsidy in a market by using a demand and a supply diagram?

use a demand and supply diagram to illustrate the effect of a subsidy.


What explains the factor responsible for setting prices in a free market system?

"Supply is relative to demand" explains the factors responsible for setting prices in a free market system.


Market structure in Economics?

the size and the form of a market that is able to effect the demand and supply is known as market structure in economics.


What factors are responsible for setting prices in a free market system?

"Supply is relative to demand" explains the factors responsible for setting prices in a free market system.


What are the market........?

Supply, demand, capital, labor--laws. Tariffs and taxes have an effect on the economy, too.


What are the market forces?

Supply, demand, capital, labor--laws. Tariffs and taxes have an effect on the economy, too.


What are market forces?

Supply, demand, capital, labor--laws. Tariffs and taxes have an effect on the economy, too.


What is a Equilibrium in a market?

The state in which real estate market supply and demand balance each other and, as a result, prices become stable. Generally, when there is too much supply for goods or services, the price goes down, which results in higher demand. The balancing effect of supply and demand results in a state of equilibrium.


What Best explains the effect of immigration in the labor market?

buy one get one free


What is equilibrium in a real estate market?

The state in which real estate market supply and demand balance each other and, as a result, prices become stable. Generally, when there is too much supply for goods or services, the price goes down, which results in higher demand. The balancing effect of supply and demand results in a state of equilibrium.


What determines the prices of goods and services in the product market?

Supply and demand. Supply and demand determines the prices of goods and services in the market.