What does "the flexibility of the labor market" . What does "the flexibility of the labor market" mean? All of the following are characteristics of a flexible labor market except A. the ability of firms to freely hire and fire workers and to set their wage rates. B. the ability of firms to impose restrictions on workers such as "non-compete" contracts or licensing requirements. C. the ability of firms to change job requirements without being hindered by government regulations or union contracts. D. the ability of workers to easily move among jobs.? All of the following are characteristics of a flexible labor market except