Demand for labour is more likely to be wage inelastic if ? – McqOptions

MCQOPTIONS

1.	Demand for labour is more likely to be wage inelastic if ?
A.	Wages are a small proportion of total costs
B.	Demand for the final product is price elastic
C.	It is easy to replace labour
D.	Capital is a good substitute for labour
Answer» B. Demand for the final product is price elastic

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