A Passive Job Search

question 291

Multiple Choice

A passive job search

• A) entails merely talking to friends about jobs.
• B) means participating in productive activities, like sending out résumés.
• C) entails the scheduling of job interviews.
• D) includes contacting a private employment agency.

---

Definitions:

Competitors

Other businesses or entities that offer similar or identical products or services in the same market.

Oligopolists

Refers to firms or entities within an industry where a small number of companies control a large majority of the market share.

Oligopoly

A market structure dominated by a small number of large firms, leading to limited competition and often high prices for consumers.

Perfect Competition

A theoretical market structure characterized by a complete absence of rivalry among the individual firms.