Answer:
Supply and demand affects wages
Step-by-step explanation:
Similarly, as in any market, labor cost, the pay rate, is dictated by the crossing point of the organic market. In the end, when the inventory of work builds, the balance cost falls, and when the interest for work expands, the harmony value rises.
Firms maximize profit by picking the ideal blend of work and funding to create a given measure of yield. It's conceivable that a vehicle organization could fabricate 1,000 autos utilizing just costly, mechanically propelled robots and machinery (capital) that do not require any personal investment.