1 with all other factors equal the employer is more likely, Ask an Expert

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1. With all other factors equal, the employer is more likely to pay a wage increase when:

a) his/her firm has a low labor-cost ratio

b) he/she operates in a highly competitive selling market

c) he/she operates in a monopolistic market

d) a and c

2. Today most labor-management contracts are renegotiated

a) annually

b) Every two years

c) Every three to four years

d) every five years

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92482696

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