The demand for labor will be more elastic if: – McqOptions

MCQOPTIONS

1.	The demand for labor will be more elastic if:
A.	There are few substitutes for labor
B.	There is a short time under consideration
C.	Labor is a large percent of the total cost of production
D.	The demand for the product is relatively inelastic
Answer» B. There is a short time under consideration

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