If firms believe that a downturn in sales and output is ________, the most likely course of action would be to reassign their workers to different jobs.

Question

Quizplus · Accepted Answer

If firms believe that a downturn in sales and output is temporary, they are more likely to reassign their workers to different jobs rather than laying them off or reducing their workforce permanently.

If Firms Believe That a Downturn in Sales and Output