Which of the following trends favor a more labor-intensive, Ask an Expert

Economics

Which of the following trends favor a more labor-intensive method of production? (choose more than one)

A growing number of desperately unemployed people as the result of rural-urban migration

A limit to the level that wages can fall (subsistence)

multinational corporations face fewer restrictions on global movement of capital equipment

higher productivity of labor as the result of training

Immigrants to the urban areas of less developed countries develop higher productivity as the result of better nutrition

less developed countries enforce a living wage (minimum wage) policy

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91400598

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