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:

Noun

A word used to identify any of a class of people, places, or things, or to name a particular one of these.

Verb

A word that expresses an action, occurrence, or state of being.

Subject-Verb-Object

A grammatical structure in which a sentence is formed with the subject first, followed by the verb, and then the object, forming a clear and conventional sentence pattern.

Active Voice

A sentence structure where the subject performs the action expressed by the verb, contrasting with passive voice.