Consider Restaurant A , which has a set of machines and technology that require 6 employees for
Fantastic news! We've Found the answer you've been seeking!
Question:
Consider Restaurant A which has a set of machines and technology that require employees for every shift. Also consider Restaurant B which has a set of machines and technology that can cover for employees who take days off. Which restaurant likely has more elastic labor demand? Which will layoff more workers soon after a minimum wage increase?
Question options:
Restaurant A is more elastic; it will layoff more.
Restaurant B is more elastic; it will layoff more.
Restaurant A is less elastic; it will layoff more.
Restaurant B is less elastic; it will layoff more.
Related Book For
Posted Date: