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Which of the following is not considered to be a determinant of labor demand?

A. Changes in product demand
B. Changes in the wage rate
C. Changes in productivity
D. Changes in the price of other resources


Sagot :

Final answer:

Changes in the price of other resources are not a determinant of labor demand, unlike changes in product demand, wage rate, and productivity.


Explanation:

Changes in the price of other resources are not considered to be a determinant of labor demand, as they do not directly affect the demand for labor. On the other hand, Changes in product demand, Changes in the wage rate, and Changes in productivity all impact labor demand either by shifting the demand curve or causing movements along it.


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