What is the short-run and long-run effect on firm and market equilibrium of the U. S. law

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What is the short-run and long-run effect on firm and market equilibrium of the U. S. law requiring a firm to give its workers six months’ notice before it can shut down its plant?

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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Question Posted: Nov 13, 2014 03:34 AM

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What is the effect on firm and market equilibrium of the U.S. law requiring a firm to give its workers six months notice before it can shut down its plant?
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What is the short-run and long-run effect on firm and market equilibrium of the U. S. law

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The shutdown notice reduces the firms flexibility which matt...View the full answer

Managerial Economics and Strategy

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