Labour Demand Flashcards
1
Q
The Demand for Labour is a Derived Demand
A
page 108
2
Q
Firms will Only Demand Workers if they will Make Money by employing them
A
page 108
3
Q
The MRPL curve is the same shape as the MPPL curve
A
page 108
4
Q
A firms Demand for Labour is affected by Productivity
A
page 109
5
Q
The MRPL curve is also the Demand curve for Labour
A
page 109
6
Q
Demand for labour can be Elastic or Inelastic
A
page 109