A Computer Manufacturer's Elasticity of Demand for Labor Is Not

question 130

Multiple Choice

A computer manufacturer's elasticity of demand for labor is not likely to be affected by the

• A)supply of computers.
• B)price elasticity of demand for computers.
• C)ratio of labor cost to other resource costs in the firm.
• D)ease of substituting capital for labor in producing computers.

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Definitions:

Concordance Reporting

The agreement between different sources or methods of reporting, often used in research to verify the reliability of data.

Subjectivity Elimination

The process or attempt to remove or reduce personal bias, preferences, and emotions in the assessment, observation, or decision-making process.

Observer Discrimination

The ability of an observer to distinguish between different behaviors or stimuli accurately during observation.

Permanent Products

Outputs or results of a behavior that can be measured and remain after the behavior has occurred, serving as evidence of the behavior.