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Author Question: All else equal, if job turnover has people leaving jobs and finding new jobs in the same industry, ... (Read 97 times)

folubunmi

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All else equal, if job turnover has people leaving jobs and finding new jobs in the same industry, this will
 
  A) decrease the supply of labor, but not change the demand for labor.
  B) increase the demand for labor and the supply of labor.
  C) increase the demand for labor and decrease the supply of labor.
  D) not change demand or supply in the labor market.

Question 2

What is meant by productive efficiency? How does a perfectly competitive firm achieve productive efficiency?
 
  What will be an ideal response?


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ky860224

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folubunmi

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


essyface1

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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