Costs and Input Markets
Introduction | Concepts | Exercises | Resolution | Case | Discussion
Introduction

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CanGo has grown from nothing to become a significant player in the high-tech industry. You can imagine the stress placed on the firm. There is a continuing need for more workers to push more products. Finding qualified workers is difficult. CanGo's senior officers must now delegate more work than before, and so they must be sure that the workforce is top notch. If the workers are slow or unqualified, CanGo's costs could go through the roof.

In the following videos, you'll get a glimpse of the hiring process at CanGo. You'll see the stress that Maria faces. You'll see the important factors that determine the number of new people hired and the pay that they will receive. For CanGo, salaries are costs, and costs must be kept to a minimum. As you watch, ask yourself how CanGo can keep labor costs down and still attract enough qualified workers.

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