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

Long-run costs and economies of scale — practice question

The number of skilled workers available in this industry is limited. Businesses are unable to recruit enough workers to satisfy the demand for labour. What might solve this problem?

  • AAllow wage rates to fall as the market demands.
  • BIntroduce work-sharing and reduce working hours.
  • CMake offices more attractive by adding air-conditioning.
  • DProvide more training courses for new recruits.

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