Constraints Affecting the Recruitment Process Arise from

question 84

Multiple Choice

Constraints affecting the recruitment process arise from

• A)inducements offered by competitors.
• B)emerging labour shortages and inducements offered by competitors.
• C)employment equity plans and emerging labour shortages.
• D)emerging labour shortages, inducements offered by competitors, and employment equity plans.
• E)nothing, there are no constraints.

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Definitions:

New Producers

Fresh entrants in a market that introduce additional capacity, innovation, or competition.

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity supplied for a given period.

Producer Surplus

The difference between the amount a producer is willing to accept for a good or service and the actual amount received from its sale.

Supply Curve

A graphical representation showing the quantity of a good that producers are willing to supply at different prices.