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Labor Demand IN THE Long Run

ByHomework Help Classof1

The long-run demand curve for labor shows the relationship between the wage and the quantity of labor demanded over the long run, when the number of firms in the market can change and firms in the market can modify their production facilities. Although there are no diminishing returns in the long run, the market demand curve is still negatively sloped.

Details

Publication Date
Apr 30, 2013
Language
English
Category
Education & Language
Copyright
All Rights Reserved - Standard Copyright License
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By (author): Homework Help Classof1

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Format
PDF

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