How has the 'gig economy' impacted variable and fixed costs for businesses?

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05-03-2021
Business

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How has the 'gig economy' impacted variable and fixed costs for businesses?

Sagot :

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Cricetusidn Cricetusidn · Answer 1 · 2021-03-10T04:14:27-05:00

Answer:

Throughout the following explanatory section, the essence of this issue is explained.

Explanation:

The Gig economy would be the economy in which employees are temporarily recruited underemployment needs and needs. Throughout the labor market there have been no permanent workers, but freelance employment.

Unless the jobs are recruited on an exclusive system, the variable costs are subject to different conditions and if enough staff is recruited at a certain time, those variable costs would escalate throughout the terms of additional pay.
The certain fixed cost remains very similar, as variable costs adjust as employees increase or reduce, but fixed costs change accordingly.

Sagot :

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