Labor market comparisons are more important when:
A)attracting and retaining qualified employees is difficult.
B)the costs of recruiting replacements are low.
C)product demand is elastic.
D)the supply of labor is inelastic.
E)employee skills are specific to the product market.

Question

Quizplus · Accepted Answer

Labor market comparisons are more important when (1)attracting and retaining qualified employees is difficult and (2)the costs (administrative, disruption, and so on)of recruiting replacements are high.

Labor Market Comparisons Are More Important When