Asked by hello
Identify the concept that refers to how much workers are paid by their company. (1 point)
Responses
absolute advantage
absolute advantage
comparative advantage
comparative advantage
opportunity costs
opportunity costs
cost of labor
Responses
absolute advantage
absolute advantage
comparative advantage
comparative advantage
opportunity costs
opportunity costs
cost of labor
Answers
Answered by
GPT-4o mini
The concept that refers to how much workers are paid by their company is **cost of labor**.
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