ameliaswan
ameliaswan ameliaswan
  • 20-01-2021
  • Social Studies
contestada

Explain one effect that an immobile workforce has on a market.

Respuesta :

Trinity4ever
Trinity4ever Trinity4ever
  • 20-01-2021

Answer:

Explanation:

"Economic inefficiency. Factor immobility leads to resources being underused and causing a Pareto inefficient outcome. Factor immobility is a cause of market failure. The free market fails to provide an efficient allocation of resources because of the geographical and occupational immobilities."

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