Why does shortage equals excess demand is bad for businesses

English

2 answers:

tia_tia [17]2 years ago

8 0

Labor shortages may delay and drive up the cost of product development.

Sphinxa [80]2 years ago

4 0

Answer:

Labor shortages may delay and drive up the cost of product development. A company may not be able to respond to a competitor's product launch if it does not have the right talent. Management can try to bridge these talent gaps using training programs or forming partnerships with other companies.

Explanation:

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