Discuss the production cost during the economic recession


Discussion Post: Layoff or Wage Cut?

As an employer wants to reduce the production cost during the economic recession, he/she could choose to (i) lay off some workers without changing wages or (ii) keep all workers but cut wages for all. Which method would you choose? Why?

The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.

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