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Insight Box Concept Check 3 When skilled employees support a high level of sales due to their expertise, they are unlikely to be laid off

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Insight Box Concept Check 3 When skilled employees support a high level of sales due to their expertise, they are unlikely to be laid off because they are essentially viewed as a fixed cost with a step function, i.e., their hours are cut if sales drop and they work overtime when sales increase within a certain range. they will accept lower hourly wage rates instead of complete job loss. such workers are usually unionized which contractually prevents layoffs O of their seniority. Click if you would like to Show Work for thie utin.Onan e

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