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When the price level decreases, firms in imperfectly competitive markets will:
Training Program
Educational courses aimed at improving employee competencies and performance in their current or future roles.
Readiness For Training
The extent to which individuals have the necessary attitude, ability, and motivation to learn from training programs.
Social Support
Assistance and comfort provided by others, which can be emotional, informational, or practical in nature.
New Skills
Abilities and competencies acquired through training or experience that are essential for performing new tasks or duties.
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