Economy, asked by ishikagyanee8240, 1 year ago

An inelastic demand for labor means that an increase in the wage rate causes a less than proportionate decrease in the quantity of labor demanded. a. true b. false

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Answered by sharmavidushi0101

1

True an inelastic demand for labor means that an inc. in wage rate causes a less than propotionate dec in the quantity of labor demanded

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