Which of the Following Would Prevent a Labor Market from Being

question 61

Multiple Choice

Which of the following would prevent a labor market from being classified as perfectly competitive?

• A)It is difficult for new workers to enter the market.
• B)All workers have the same abilities.
• C)Exiting the market is easy for workers who are currently in the market.
• D)Both buyers and sellers of labor are well-informed about market conditions.
• E)Each firm hires only a tiny fraction of the total labor in the market.

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Maslow's Hierarchy

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Code of Ethics

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