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Figure 17-12
Use the figure to answer the corresponding question(s) .
-The mutation labeled 1 to the far right in Figure 17-2 is:
Quality Workforce
An employment group characterized by high skill levels, efficiency, and a commitment to producing high-quality work.
Competitive Salaries
Compensation levels offered by employers that are at or above the market rate to attract and retain talent.
Consumer Surplus
The difference between the maximum price a consumer is willing to pay for a good or service and the actual price they pay.
Producer Surplus
The difference between the amount producers are willing to sell a good for and the actual amount they receive by selling it at the market price.
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