Answer:
The correct option is A
Explanation:
Transaction costs are the whole array of costs associated with selling, buying, transferring goods etc.
Transaction costs can be of different types which are:
- search costs
- monitoring costs
- Bargaining costs
- transfer costs etc.
Answer:
<u>The correct answer is A. Skill-based pay.</u>
Complete question and statement: Steelweld, a car parts manufacturer, pays employees a higher hourly rate as they learn to master more parts of the work process. Employees earn $10 per hour when they are hired and they can earn up to $20 per hour if they master all 12 work units in the production process. Which of these reward systems is being applied by Steelweld?
A. Skill-based pay
B. Piece-rate pay
C. Job evaluation system
D. Seniority-based pay
E. Membership-based pay
Source: https://www.coursehero.com/file/p6jelia/p-166-Steelweld-a-car-parts-manufacturer-pays-employees-a-higher-hourly-rate-as/
Explanation: It is perfectly clear that this car parts company is promoting the development of skills during the production process. The employee knows in advance that as he or she develops a greater number of skills, he or she will have a better pay. The formula for a better payment is disclosed.
Who pays the tax does NOT depend on who write the check to the government.
Who pays the check ultimately depend on the elasticity of supply and demand. This is because, suppliers have several ways of passing the taxes levied on them by the government to the consumers in form of increase in price of their products. But this also depend on the elasticity of the products, because if the prices are too high, some customers may decide to buy somewhere else or to go for a substitute.<span />
Answer:
Productivity is the phenomena of the world economies. It is important for the development and growth.
Explanation:
There are many international and national organization that take care about their employees growth. But many of organization are there which is only think about the productivity not about their employees. The industrial organization psychology worked on this concepts. Many research has been done just because to find out about the employees condition and productivity in an organization.
It is very important for employers if they think about the mental, physical health of their employees it affects the productivity. If employees are satisfied with the environment and policy of a company then productivity will also increase side by side.
Answer:
Jake Werkheiser will have $170,322.48 at the end of 12 years.
Explanation:
We use the following formula to find the future value,
](https://tex.z-dn.net/?f=S%3DR%5B%5Cfrac%7B%281%2Bi%29%5En-1%7D%7Bi%7D%5D%281%2Bi%29)
S= future value
R= yearly payment =$5000
i= rate of interest = 9%=0.09
n =time =12 years.
Now putting the value of i, n, R
](https://tex.z-dn.net/?f=S%3D5000%5B%5Cfrac%7B%281%2B0.09%29%5E%7B12%7D-1%7D%7B0.09%7D%5D%281%2B0.09%29)
=$170,322.48
Jake Werkheiser will have $170,322.48 at the end of 12 years.
