contestada

With imperfect conditions on the product side of the market, the MRP drops more quickly from a higher level of output and results in ___________ workers being hired than if the product market were perfect competition. With imperfect conditions on the product side of the market, the MRP drops more quickly from a higher level of output and results in ___________ workers being hired than if the product market were perfect competition.

Respuesta :

The MRP drops more quickly from a higher level of output and results in Fewer workers being hired than if the product market were perfect competition.

What is Labor Economics?

  • The study of the work force as a component of the production process is known as labor economics.
  • All people who work for pay in the labor market, whether as employees, employers, or self-employed people, as well as those who are jobless but looking for work, are considered to be part of the labor force.
  • In the field of labor economics, everything that has an impact on workers before, during, and after their working lives is studied.
  • This includes childcare, education, pay and incentives, fertility, discrimination, their non-work time, and pension reforms.
  • Labor markets can be geographically constrained within nations or regions or they can be worldwide.
  • They function through the interaction of employees and employers.
  • The mobility of workers inside and across these markets, as well as within and between their employers, is another focus of labor economics.

Know more about Labor Economics with the help of the given Link:

https://brainly.com/question/14997434

#SPJ4

Otras preguntas