Unexpected increases in national income

A firm is probably to reduce the number of workers this employs when there are: (i) reductions in the wage rate. (ii) increases in the price of the output. (iii) accumulations of specific training from workers. (iv) technological advances which encourage automation. (v) unexpected increases in national income.

Can someone explain me with best solution about problem of Economics...

View Complete Question

Related Questions in Managerial Economics

Q : Accurate ranking in most elastic labor

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 wit

Q : Resources and Products Flow Model I

I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. The eventual owners of all resources and products in the society are as follows: (i) households. (ii) Firms. (iii) The tax-paying public. (iv

Q : What are the various fields of Economics

What are the various fields of Economics? Explain.

Q : State the assumptions of Law of Demand

State the assumptions of Law of Demand?

Q : Objectives and importance of managerial

What are the objectives and importance (Uses) of managerial Economics?

Q : Average rate of return in Human Capital

This illustrated graph indicates that, there on average, rate of return to education is greatest for finishing the previous year of: (1) kindergarten, at point a. (2) grade school, at point b. (3) high school, at point c. (4) undergraduate college, at

Q : Estimate average wage differentials

From the fact which the average wages of women into the United States is lower than the average wages of men, we can estimate that women are: (1) discriminated against in hiring and pay. (2) less qualified workers than men. (3) less interested into wa

Discover Q & A

Leading Solution Library

Avail More Than 1440964 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1960426
Asked

3,689

Active Tutors

1440964

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment