Elasticity of Demand for Labor Measures the Percentage Change in Quantity

question 100

Multiple Choice

Elasticity of demand for labor measures the percentage change in quantity demanded of labor that is brought about by a percentage change in the

• A)demand for the product produced by labor.
• B)price of the product.
• C)quantity supplied of labor.
• D)wage rate.
• E)price of substitute factors.

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