Product market comparisons that focus on labour costs deserve greater weight when labour costs represent a large share of total costs.

Question

Quizplus · Accepted Answer

When labour costs represent a large share of total costs, comparisons that focus on labour costs are more significant as they can have a significant impact on the product's overall cost and pricing strategy. Therefore, such comparisons deserve greater weight in such cases.

Product Market Comparisons That Focus on Labour Costs Deserve Greater