Answer:
B. Increase and the real wage will increase.
Explanation:
In the case when there is a rise in population so the labor supply also rises and the equilibrium labor quantity would also rise
So it would result in rise in capital market due to which the labor would become more productive and there is a rise in the labor demand
This leads to greater real wages rate and rise in full labor quantity employment
Hence, the option b is correct
Hi, you've asked an incomplete question. However, I answered from a general English Language perspective.
<u>Explanation:</u>
Things learned about communications:
1. No communication occurs when what is been said cannot or is not been understood.
2. Communication also occurs non-verbally, like when one shows a friendly smile without a word, it as though they are saying, I'm happy with you.
Two strengths that you think you have in communication:
1. I'm a good listener
2. I can ask a lot of questions.
Two weaknesses that you think you have in communication that you can improve in the future:
1. My use of ambiguous language that is difficult for my listener to understand
2. Not giving total attention to the speaker.
Challenges: Share two things that you find very challenging in effective communication.
1. avoiding pre-conceived judgments about what is been said
2. giving the desired feedback without derailing from the subject that is been discussed.
Answer:
The correct answer is price inelastic.
Explanation:
The price elasticity of demand is the measure of the responsiveness of quantity demanded of a product to the change in its price. It is calculated as the ratio of change in quantity demanded and change in the price.
Relatively inelastic dmeand refers to the situation where a proportionate change in price causes less than proportionate change in quantity demanded.
Here, if a 1% decrease in price causes less than a 1% increase in quantity demanded then the demand is relatively inelastic.
Answer:
Africa, Antartica, Dababy Land
Explanation:
To calculate marginal cost, divide the change in production costs by the change in quantity. The purpose of analyzing marginal cost is to determine at what point an organization can achieve economies of scale to optimize production and overall operations.
<h3>What is
marginal cost?</h3>
The marginal cost in economics is the change in total cost that occurs when the quantity produced is increased, or the cost of producing additional quantity.
According to the law of declining marginal utility, as consumption increases, the marginal utility obtained from each extra unit decreases.
Marginal cost is an important concept in economic theory because a corporation seeking to maximise profits will produce until marginal cost (MC) equals marginal revenue (MR) (MR). After then, the cost of creating an additional item will outweigh the money generated.
To know more about marginal cost follow the link:
brainly.com/question/11689872
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