In a Competitive Labor Market, If a New Manufacturing Plant

Multiple Choice

In a competitive labor market, if a new manufacturing plant seeks to build its labor force, it is assumed that

A) each applicant has a unique skill set.
B) the jobs available at the manufacturing plant represent the best possible opportunity for each applicant.
C) applicants have the ability to negotiate their wage based on their qualifications.
D) the quantity of workers available is greater than the quantity of workers that are required.