We've got 3 shorthands for labor demand »
Acronyms that contain the term labor demand
What does labor demand mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: labor demand.
Filter by:
Sort by:PopularityAlphabeticallyCategory
What does labor demand mean?
- Labor demand
- In economics, the labor demand of an employer is the number of labor-hours that the employer is willing to hire based on the various exogenous (externally determined) variables it is faced with, such as the wage rate, the unit cost of capital, the market-determined selling price of its output, etc. The function specifying the quantity of labor that would be demanded at any of various possible values of these exogenous variables is called the labor demand function. The sum of the labor-hours demanded by all employers in total is the market demand for labor.
Know what is labor demand? Got another good explanation for labor demand? Don't keep it to yourself!
Still can't find the acronym definition you were looking for? Use our Power Search technology to look for more unique definitions from across the web!
Citation
Use the citation options below to add these abbreviations to your bibliography.
Style:MLAChicagoAPA
"labor demand." Abbreviations.com. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.abbreviations.com/labor%20demand>.
Powered by CITE.ME
Discuss these labor demand abbreviations with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In