When we try to list labor supplies from least elastic to most elastic, in that case the most accurate ranking would most likely be: (1) competitive firm, minute industry, highly skilled occupation. (2) economy, skilled occupation, competitive firm within a small industry. (3) firm, economy, unskilled occupation, individual full-time worker. (4) economy, firm, individual full-time worker.
Hey friends please give your opinion for the problem of Economics that is given above.