Question
a) Employ the skill circle model and calculate skill range, skill gap, and total labor cost per worker when there are 120 workers and unit
a) Employ the skill circle model and calculate skill range, skill gap, and total labor cost per worker when there are 120 workers and unit training cost is $864/h and the wage equals $60/h.
b) Now assume the firm moves to a smaller location and the number of worker is only half of what is was at the first location. Will labor cost be half as well? Calculate!
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Business Law and the Legal Environment
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