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Nina [5.8K]
3 years ago
5

Labor is a commodity. therefore which affects wages

Social Studies
2 answers:
pshichka [43]3 years ago
7 0

Answer:

Supply and demand  affects wages

Explanation:

Similarly, as in any market, labor cost, the pay rate, is dictated by the crossing point of the organic market. In the end, when the inventory of work builds, the balance cost falls, and when the interest for work expands, the harmony value rises.

Firms maximize profit by picking the ideal blend of work and funding to create a given measure of yield. It's conceivable that a vehicle organization could fabricate 1,000 autos utilizing just costly, mechanically propelled robots and machinery (capital) that do not require any personal investment.

sergiy2304 [10]3 years ago
5 0

Answer:

I think the answer to your question is D? sorry if I'm wrong.

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