Which Statement About Open and Hidden Job Markets Is Most

question 94

Multiple Choice

Which statement about open and hidden job markets is most accurate?​

• A)More jobs are secured through the open job market than through the hidden job market.
• B)​The open job market consists of jobs that are advertised or listed.
• C)​Most job seekers start searching for jobs using the hidden job market.
• D)​The hidden job market refers to those jobs that are filled through illegal or unethical tactics.

---

Definitions:

Unit Variable Cost

The cost per unit to produce a single product, encompassing materials, labor, and all other expenses that fluctuate with the level of production.

Fixed Costs

Fixed overheads, including rental costs, salary payments, and insurance fees, that stay unchanged with fluctuations in production or sales figures.

Required Units

The quantity of products or services that must be produced or sold to meet a specific target or fulfill a certain demand.

Variable Expenses

Costs that change in proportion to the activity or volume of operations in a business.