Why do employers try to keep wages and other employee compensation low? Explain the impact on business

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Why do employers try to keep wages and other employee compensation low? Explain the impact on business owners if the cost of labor rises.

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Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

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Question Posted: Nov 07, 2023 01:05 PM

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Why do employers try to keep wages and other employee compensation low? Explain the impact on business

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Employers often try to keep wages and other employee compensation low for a variety of reasons primarily related to business profitability and cost management The impact on business owners when the co...View the full answer

Economics An Introduction To Traditional And Progressive Views

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