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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
Which of the following is an example of a labor market that is free of barriers to entry and exit?
A) Karen is under contract and cannot switch jobs for the next five years.
B) John knows he will not be able to get the training needed to move into the high-paying computer job so he stays in his current job.
C) A company thinks that it would be able to earn more profits if it moved to the west coast, but because the costs of moving are so great they don't.
D) There is a shortage of workers in the rural area so a company moves its business to the city where there are workers.
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kingbykingby
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#1
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7 years ago
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#2
7 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
wrote...
#3
7 years ago
I was slightly debating this one, thanks for the feedback
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