Quasi-Fixed Costs and Labor Demand. Quasi-Fixed Costs. Costs that are not strictly proportional to the hours of work and allocated on a per worker basis Non-wage labor costs such as required insurance programs and employee benefits are important components of labor costs.
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W0 + Z - MP0 (all cost are borne in the first period)
Source: John Bishop, “The Incidence of and Payoff to Employer Training,” Cornell University Center for Advanced Human Resource Studies Working Paper 94-17, July 1994, Table 1.