The normal price-quantity relationship for supply is not a one-dimensional upward sloping curve starting at the zero point. In the real world, it should be a band.
There are people who are willing to perform at zero price, for example: - the lawyer representing a client at no charge, - the artist showing up at a charity event for free, - the student doing internship without salary. Therefore, being without compensation is NOT being without value. When business owners don't spend on staff training, it is usually because of 2 seemingly valid reasons above.
The second reason creates a Catch-22 situation: what is cause vs what is effect? What if they leave because they're not adequately trained? |
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