Union leaders are in better position to bargain for higher wages if demand for labour is
A). Elastic
B). Inelastic
C). Very large
D). Permanent
Inelastic
Union leaders are in better position to bargain for higher wages if demand for labour is Inelastic. The capacity of trade unions to raise wages in a particular industry depends on the elasticity of demand for labour.
2. Question 1:Why were reforms introduced in India?
3. Scheduled bank is a bank which is .....
4. The book 'Wealth of Nations' was written by:
5. Which of these is not an Indian Bank?
8. What are gilt-edged securities
9. If the price of Pepsi decreases relative to the price of Coke and 7-Up, the demand for