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Author Question: It an employer has a labour force that has 'functional flexibility' then its employees are capable ... (Read 45 times)

kodithompson

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on: May 25, 2020

Question 1

The following diagram shows costs and revenue (in £s) for a profit-maximising monopsony employer of labour.



Assuming there are no trade unions, the firm's profit will be maximised by paying a wage of £50.
◦ true
◦ false

Question 2

It an employer has a labour force that has 'functional flexibility' then its employees are capable of switching between jobs with relative ease.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by kodithompson on May 25, 2020

Animal_Goddess

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kodithompson

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

dreamfighter72

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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