If a Firm Incurs the Same Cost to Hire Each

question 21

Multiple Choice

If a firm incurs the same cost to hire each worker,the firm faces

• A) a positive labor demand elasticity.
• B) linear adjustment costs.
• C) concave adjustment costs.
• D) convex adjustment costs.
• E) lumpy adjustment costs.

---

Definitions:

Interactional Justice

The perceived fairness of the interpersonal treatment received from others, especially in the context of decision-making processes.

Procedural Justice

Procedural justice concerns the fairness and transparency of the processes used to make decisions, often affecting individuals' perceptions of legitimacy and fairness in organizations.

Performance Reviews

Formal assessments where an employee's job performance is evaluated, typically by their supervisor, to provide feedback and identify areas for improvement.

Sexual Harassment

Unwanted sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature in the workplace or academic setting.