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Input prices tend to be sticky because: Multiple choice question. product prices do not change very often. labor contracts allow for wage adjustments several times
Input prices tend to be sticky because: Multiple choice question. product prices do not change very often. labor contracts allow for wage adjustments several times a year. labor contracts might commit firms to paying a certain wage over multiple years. input price elasticity of demand is low
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Strategic Management And Business Policy Toward Global Sustainability
Authors: Thomas L. Wheelen, J. David Hunger
13th Edition
9780132998079, 132998076, 978-0132153225
