What factors determine the elasticity of labor demand

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How is marginal revenue product for labor found and is there a simpler and easier method to find it other than the formula raginal revenue product=change in total revenue/unit change in labor.

What factors can cause changes in the demand for labor for a firm?

What factors determine the elasticity of labor demand?

What is a monopsony in labor hiring and what happens to the wage rate paid?

What factors causes differences in wages paid to different types of labor?

Reference no: EM131107432

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