The elasticity of demand for labor with respect to the wage
The elasticity of demand for labor with respect to the wage rate will be less if firms using this labor are experiencing decreasing returns to scale than if they are experiencing increasing return to scale
True false why
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consider a one-step binomial model for a stock now the stock is worth s0 but will be worth either s0u or s0d at time t
the elasticity of demand for labor with respect to the wage rate will be less if firms using this labor are
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