When nonwage worker benefits are increased at a company, the company's demand for labor will _____ because employees are _____ to the company.

Question

Quizplus · Accepted Answer

When nonwage worker benefits are increased, the overall cost of employing each worker rises for the company, making employees more costly. This can lead to a decrease in the company's demand for labor as the cost of employing additional workers becomes higher.

When Nonwage Worker Benefits Are Increased at a Company, the Company's