Which of the following comparisons is NOT important when deciding how to combine and weigh pay survey data from product market competitors?
A)The ratio of labour costs to total costs
B)The elasticity of product demand
C)The costs of recruiting replacements
D)The elasticity of the supply of labour

Question

Quizplus · Accepted Answer

The costs of recruiting replacements are not directly related to how pay survey data from product market competitors should be combined and weighed. The other factors relate more directly to market conditions and labor economics.

Which of the Following Comparisons Is NOT Important When Deciding