What factors can influence the Elasticity of Demand for Labour?

-Demand for Labour is more Elastic in the Long Run as Firms can make Plans to Replace Labour (or take more on). In the Short Run, Firms find it hard to make changes so the Demand is more Inelastic -If Labour is Easily Substituted by Capital, then Demand will be more Elastic -If Wages are a small % of the firm's Total Cost, then the Demand will be more Inelastic. A Wage Increase will have a Little Impact on Total Costs. The Opposite is True -Important to Consider the Price Elasticity of Demand for the Product. A More Elastic Demand for the Product makes the Demand for Labour More Elastic. Here, when Wages Rise, Firms can not Pass the Cost to the Consumer by Raising Prices else their Sales Revenue will fall Greatly.