The short run supply of a human resource will be more elastic in which situation?
The short run supply of a human resource will be more elastic in which situation?
Homework Answers
Ans. The short run supply of human resource will be more Elastic in a situation where the nature of the job is that of low skill ie the job requires less training or in a situation where there is recession in the market.
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The short run supply of a human resource will be more elastic in
which situation?
The market supply curve is: O more elastic in the long run than in the short...
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11.) Typically the elasticity of supply is more elastic in the ______________ (short-run, long-run).
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