Identify a correct statement about the market demand for labor. Multiple choice question. It is always perfectly inelastic, and individual employers can hire only a fixed amount of labor irrespective of the wage rate. It is more elastic than the simple horizontal summation of the labor demand curves of individual employers. It is always perfectly elastic, and individual employers can hire as many employees as they want at a given wage. It is less elastic than the simple horizontal summation of the labor demand curves of individual employers