Labour Demand Flashcards by Harriet Walker

Q

The Demand for Labour is a Derived Demand

A

page 108

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Q

Firms will Only Demand Workers if they will Make Money by employing them

A

page 108

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Q

The MRPL curve is the same shape as the MPPL curve

A

page 108

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Q

A firms Demand for Labour is affected by Productivity

A

page 109

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Q

The MRPL curve is also the Demand curve for Labour

A

page 109

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Q

Demand for labour can be Elastic or Inelastic

A

page 109

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