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In the context of selecting expatriates, which of the following is a type of recruiting firm that actively seek qualified managers and other professionals for possible placement in positions in other organizations?
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.
Average Cost Curve
A graphical representation that illustrates the cost per unit of output at different levels of production.
Long-run
A period in economics where all factors of production can be varied, and there are no fixed inputs, allowing full adjustment to changes.
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