The credentials needed to enter a profession are highly regulated.A cap on the supply of new professionals is maintained.Competition is reduced and earnings and demand for services are kept high.Professions thus act as:
A) seniority rules
B) internal labor markets
C) labor market shelters
D) quality circles
E) codetermination circles
Correct Answer:
Verified
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Q71: Internal labor markets are sometimes called:
A)seniority rules
B)primary
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Q75: The secondary labor market is a _
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