Most people are consumers making demand decisions in, Ask an Expert

Economics

WORKERS

1.Most people are consumers, making demand decisions in product markets, and also workers, making supply decisions in resource markets. How do workers choose how much of their labor service they are willing to sell? Is the quantity supplied likely to rise or fall when the wage rate is higher?

2. what are some techniques employers can use to improve workers productivity? Consider both carrots and sticks

HIRING MANAGER

1.Workers make the supply decisions in labor markets, but firms (represented by hiring managers)
make the demand decisions. Will firms want to hire more workers or fewer workers when the wage
rate rises? Explain your answer.

2. discuss some events that would be expected to increase job creation. how can govenrment policy be used to stimulate job creation?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9474869

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