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The Data from Product Market Competitors Are Likely to Receive

Question 7

Multiple Choice

The data from product market competitors are likely to receive greater weight when:


A) product demand is not related to price changes
B) the level of skill needed to perform the job is high
C) the supply of labour is not responsive to changes in pay
D) employee skills are not specific to the product market
E) labour costs are a small share of total costs

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