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18 Aug 2020
The supply of labor is inelastic but slightly backward bending:
Ā
a. Elasticity of labor demand is negative
b. Cross-price elasticity of labor is positive
c. Elasticity of labor supply is negative and less than 1 in absolute value
d. Income elasticity of supply is less than 1 in absolute value
The supply of labor is inelastic but slightly backward bending:
Ā
a. Elasticity of labor demand is negative
b. Cross-price elasticity of labor is positive
c. Elasticity of labor supply is negative and less than 1 in absolute value
d. Income elasticity of supply is less than 1 in absolute value
b. Cross-price elasticity of labor is positive
c. Elasticity of labor supply is negative and less than 1 in absolute value
d. Income elasticity of supply is less than 1 in absolute value
Alice SejakeLv10
9 Jan 2021
