The labor market for mechanical engineers is
A) an internal labor market.
B) a national labor market.
C) a local labor market.
D) a monopoly labor market.

Question

Quizplus · Accepted Answer

The labor market for mechanical engineers is a national labor market as mechanical engineers are in demand across the country and their skills and qualifications are transferable across firms and locations. There is no single firm or organization that has a monopoly over hiring mechanical engineers. Additionally, the labor market for mechanical engineers is competitive, with multiple employers vying for qualified candidates.

The Labor Market for Mechanical Engineers Is