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Can anyone explain me the bleep image of 9 th point in simple terms pls......

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Deepa

Deepa

CA Foundation

5K+

23-Sep-22

75

Answers (9)

below*


Thread Starter

Deepa

Deepa

CA Foundation

5K+

23-Sep-22

Supply of Labour in a particular market is inelastic. It cannot increased instantly to keep up with the demand.


Jitendra Kumar

Jitendra Kumar

CA Inter

22K+

23-Sep-22

Can you give any example if possible means


Thread Starter

Deepa

Deepa

CA Foundation

5K+

23-Sep-22

Jitendra Kumar

Supply of Labour in a particular market is inelastic. It cannot increased instantly to keep up with the demand.

Belk and amal explain me 10 point also pls


Thread Starter

Deepa

Deepa

CA Foundation

5K+

23-Sep-22

Bro and also*


Thread Starter

Deepa

Deepa

CA Foundation

5K+

23-Sep-22

Thread Starter

Deepa

Can you give any example if possible means

Lets say there are 10 employees in a firm, if they suddenly want they can't have more or less employees within weeks or so. Thus supply of labour is limited in the short period.


Aswin Chandar

Aswin Chandar

CA Inter

18K+

23-Sep-22

Thread Starter

Deepa

Belk and amal explain me 10 point also pls

10th point basically says you can either work or take rest at any given point of time and as you earn more and more for hour of work, you will work less hours a day and take more rest. For example: If you earn 200/hour you will work for 8-10 hours daily, but if you earn 2000/hour you will only work for 2-3 hours a day.


Aswin Chandar

Aswin Chandar

CA Inter

18K+

23-Sep-22

BALACHANDAR S

TQ for the same you have cleared by doubt also...

Welcome. Glad I could help.


Aswin Chandar

Aswin Chandar

CA Inter

18K+

24-Sep-22

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