Question

Harmindar can read a novel in 11 hour.if he devote 1 /5_6 hour to reading everyday, find the number of days required to complete the reading of the novel.

Answer 1

Answer:

First, a rise in the wage rate increases the costs of firms producing the commodity, forcing them to raise their selling prices. As the price of the product rises consumers will buy less of it and less output will be produced and sold. This means that less labour will be used.