Explain labour intensity, Microeconomics

Assignment Help:

Q. Explain Labour Intensity?

Labour Intensity: Ratio of labour effort expended, compared to total on-the-job compensated labour time. A higher ratio of labour intensity reflects a more successful employer labour extraction strategy.


Related Discussions:- Explain labour intensity

Break even point, explain the various marginal uses and limitations of brea...

explain the various marginal uses and limitations of break even poin?

The theory of demand :the utility approach, Prove that the utility approach...

Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.

Labor Economics, Sally recently finished her full-time training and receive...

Sally recently finished her full-time training and received certification as a nurse’s aid at the end of August. She sent out applications to prospective employers during the last

International Buffer Stock Agreements, #question about International Buffer...

#question about International Buffer Stock Agreements, define International Buffer Stock Agreements with briefly. International Buffer Stock Agreements seek to stablise the commod

What is the benefit from the existence of monopolies, Explain how consumers...

Explain how consumers might benefit from the existence of monopolies. While the standard issue of monopolies having higher prices and lower output that competitive markets migh

Describe the income and cross elasticity of demand, Problem: a. With th...

Problem: a. With the help of diagrams, describe how the price and quantity of potatoes will change under the different circumstances: (i) A severe drought affecting its pro

Demand and supply, If demand goes down what happens to the equilibrium?

If demand goes down what happens to the equilibrium?

Deficiency of iodine, Deficiency of iodine Inadequate iodine also leads to ...

Deficiency of iodine Inadequate iodine also leads to dry skin, loss of hair, exhaustion and sluggish reflexes. For the developing fetus, infant and young children, iodine deficienc

What is the role of profits in a market economy, What is the role of profit...

What is the role of profits in a market economy? Profits act as an incentive to producers and potential entrepreneurs, and also as a signal to both that resources may be re-al

Resource market complications, Over the course of modern American economic ...

Over the course of modern American economic history there have been market failures, various social problems, and other complexities that have resulted in certain resource markets

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd