When the Elasticity of Substitution Between Capital and Labor Is

question 7

Multiple Choice

When the elasticity of substitution between capital and labor is low,:

• A)labor demand will be price elastic.
• B)labor demand will be price inelastic.
• C)the capital-labor ratio will be low.
• D)the labor demand curve will be a flat line.

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An individual who holds citizenship in France, legally recognized as a member of the country with certain rights, responsibilities, and protections.

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