Why might a large firm actually be at an advantage over a smaller firm with respect to labor?
A) Large generally pay a compensating differential to attract workers
B) Worker turnover is generally lower
C) Large firms enjoy better scale economies when negotiating with health insurance companies for health benefits
D) Large firms are generally less attractive to qualified,upward mobile workers
E) Large firms often have to draw workers from a greater distance to fill their ranks
Correct Answer:
Verified
Q24: Economies of scale are best described as
Q25: If a firm enjoys lower costs due
Q26: Increased economies of scale and scope are
Q27: What is the approximate observed median learning
Q28: By satisfying which of the following conditions
Q29: The minimum point on a U-shaped average
Q30: Why is firm specific learning better in
Q31: Which of the following benefits of diversification
Q32: Consolidation of managers often occurs due to
Q33: Which of the following is a source
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents