In february 2015 wal-mart announced that it would increase, Ask an Expert

Economics

In February 2015, Wal-Mart announced that it would increase the pay rate for all its lowest paid workers. Is this wage increase a growth in fixed costs or variable costs? Would it be affected by output? If Wal-Mart's sales drop off, how might the store adjust its labor costs?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91389062

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