Question

formula to calculate the excess demand of labour at given wage rate​

Answer 1

Answer:

How do you calculate Labour demand?

It is found by multiplying the marginal product of labor by the price of output. Firms will demand labor until the MRPL equals the wage rate. The demand curve for labor can be shifted by shifted by changes in the productivity of labor, the relative price of labor, or the price of the output.

Explanation:

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Answer 2

Yes you’re right the person who answered before me is right