A Small Software Firm Is Seeking Several Permanent Employees with Experience

question 64

Multiple Choice

A small software firm is seeking several permanent employees with experience in the semiconductor industry and advanced degrees in computer science. The firm is a small one and cannot afford to pay a traditional recruiting firm a fee of 30% per each hire's salary. Instead, this firm should consider using a(n) ________.

• A)contingency-based recruiter
• B)temporary staffing agency
• C)outsourcing staffing service
• D)on-demand recruiting service

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Definitions:

Price Of Ethanol

The cost at which ethanol, a type of alcohol used as fuel, is sold in the market.

Supply Curve

A graph showing the relationship between the price of a good and the amount of it that suppliers are willing to produce and sell, typically upward sloping.

Producer Surplus

The difference between what producers are willing to sell a good for and the actual price they receive, representing the additional benefit or surplus enjoyed by producers due to market conditions.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the economic benefit to consumers.