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> I say companies refusing to pay enough for labor, then complaining they can't find workers. They'll pay any amount for labor up to the point where the cost o
by mac01021 9y ago
> I say companies refusing to pay enough for labor, then complaining they can't find workers.
They'll pay any amount for labor up to the point where the cost of the labor outweighs the additional profit for the company that the labor will induce.
- ryandrake 9y agoIn other words, there is exactly enough labor, given labor cost and profit. So where is the ‘shortage?’