In a perfectly competitive labor market:

A. Employees can never be paid below a subsistence level (i.e., they will always be able to make enough money to survive).

B. No one can be made better off without making someone else worse off.

C. Employers can never make so little profit that they go out of business.

D. Both employer and workers will make enough money to survive.


B. No one can be made better off without making someone else worse off.

Business

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List and describe the main categories of voluntary benefits available to organizations.

What will be an ideal response?

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If the learning curve for a process is 100 percent, then each unit in a series of units will have the same labor requirements

Indicate whether the statement is true or false

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Counteroffers are not effective against electronic agents.

Answer the following statement true (T) or false (F)

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Which of the following is not true about state financial responsibility laws?

A) They require individuals who drive cars to purchase a minimum amount of liability insurance. B) They are the same for all states. C) They may require proof of insurance to register a car. D) They may require proof of insurance when drivers are involved in an accident.

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