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If a Firm Is the Sole Employer of a Factor

question 172

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If a firm is the sole employer of a factor of production, it is known as


Definitions:

Accept

To receive or consent to receive something offered, or to believe or come to recognize an opinion, explanation, etc., as valid or correct.

Like

An expression of preference or approval.

Imposter Syndrome

A psychological pattern where an individual doubts their accomplishments and fears being exposed as a fraud.

Supervisors

Individuals who oversee and manage the work and performance of others in an organizational setting.

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