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An Organization Is Seeking Members of the Workforce Not Currently

question 19

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An organization is seeking members of the workforce not currently employed by the firm,who are currently undergoing training,working for competitors,and/or unemployed.What is this supply source called?


Definitions:

Legal Markets

Markets operating within the framework of regulatory laws and norms, where transactions of goods and services occur legally.

Supply and Demand

The fundamental economic model that describes the interaction between the availability of a particular product and the desire for that product, determining its price.

Deadweight Loss

A loss of economic efficiency that occurs when the optimal level of supply and demand is not achieved.

Supply Elasticities

Measures the responsiveness of the quantity supplied of a good to a change in its price.

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