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    Fundamentals of Human Resource Management Study Set 8
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    Exam 12: Establishing a Pay Structure
  5. Question
    Product Markets Place an Upper Limit on the Pay an Organization
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Product Markets Place an Upper Limit on the Pay an Organization

Question 68

Question 68

True/False

Product markets place an upper limit on the pay an organization will offer.This upper limit is significant when the organization's total costs are mainly comprised of labor costs,and when price is a significant factor for the organization's consumers.

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