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CLASS Employee { //Variables

question 21

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CLASS Employee {
//Variables
String LastName;
String FirstName;
Real HourlyRate;
Integer HoursWorked;
String Job;
Date HireDate;
Real Monthly_Salary;
//Methods
String GetLastName() ;
String GetFirstName() ;
String GetJob() ;
Real GetSalary() ;}
The class Clerk is a subclass of the class Employee
CLASS Clerk: Employee {
//Variables
Real HourlyRate;
Integer HoursWorked;
//Methods
Real GetSalary() ;}
The class Salesperson is a subclass of the class Employee
CLASS Salesperson: Employee {
//Variables
Real Base_Salary;
Real Commission_rate
Real Sales;
//Methods
Real GetSalary() ;}
The class PartClerk is a subclass of the classes Clerk and Salesperson
CLASS PartClerk: Clerk, Salesperson {
//Variables
Real PercentClerk;
//Methods
Real GetPercentClerk() ;}

-An object of the class PartClerk is created for Lee (last name) .Given the information shown,the method GetSalary:

Understand the concept of labor demand elasticity and how it responds to wage changes.
Identify the factors that affect the elasticity of resource demand, including substitutes and proportion of total costs.
Recognize the relationship between the elasticity of product demand and labor demand.
Analyze the impact of technological changes on labor demand for specific occupations.

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