Illustrate what is the price elasticity of labor supply

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Q. The role of management is directly responsible for the profitability of the enterprise. What are your views of the primary activities of management in fulfilling this responsibility?

Q. Suppose a wage increase from $25 to $27 an hour increases the number of job applicants from 52 to 66. Illustrate what is the price elasticity of labor supply?

 

Reference no: EM1349613

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