ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The following factor would be relatively low if supply of labour is higher than demand.
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production
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labour cost
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wage
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all of the above
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Explanation:
Detailed explanation-1: -Wage factor would be relatively low if supply of labour is higher than demand. Wages are the price that workers receive for their labor in the form of salaries, bonuses, royalties, commissions, and fringe benefits, such as paid vacations, health insurance, and pensions.
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