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High wage low training - PowerPoint PPT Presentation

Quasi-Fixed Costs and Labor Demand

Quasi-Fixed Costs and Labor Demand. Quasi-Fixed Costs. Costs that are not strictly proportional to the hours of work and allocated on a per worker basis Non-wage labor costs such as required insurance programs and employee benefits are important components of labor costs.

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High wage low training - PowerPoint PPT Presentation

Quasi-Fixed Costs and Labor Demand