Labor demand is less elastic when:
a. the demand for output is more elastic.
b. a large amo...
Labor demand is less elastic when:
a. the demand for output is more elastic.
b. a large amount of labor is essential to the production process.
c. there are many substitutes for labor in the production process.
d. the inputs that could be substituted for labor are relatively inexpensive.
Answers: 2
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