The determination of wages in a labour market depends on ...
The determination of wages in a labour market depends on the______
Government
People
Interaction between demand and supply of labour
Economy
Correct answer is C
Irrespective of the presence of labour unions, labour laws and other forces, the interaction between dd and ss of labour determines the wages in a labour market i.e where dd for labour equals ss of labour.
A floating exchange rate means that the exchange rate is fixed by the _________ ...
A decrease in supply without a corresponding change in demand will lead to ...
The use of modern weaving machines in the production of local fabric will result in ...
Goods whose demand vary directly with money income are called? ...
Which of the following is the major function of the wholesaler? ...
Which of the following is not true of small companies? They ...
A commercial bank is unique in that it is the only institution that ...
One of the problems associated with the middlemen in the distribution of goods is that he ...