Economics 9708 · AS & A Level · Long-run costs and economies of scale

Long-run costs and economies of scale — practice question

A company is experiencing a lack of labour. It chooses to set up its own training programme for pupils leaving school. What effect is this most likely to have on the company?

  • Aa decrease in the number that it employs
  • Ba decrease in the productivity of its workforce
  • Can increase in the geographical mobility of its labour
  • Da shift of the supply curve for its labour to the right

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