<span>As of 2016, the biggest penalty OSHA can hand out for each willful violation is $126,000. The largest amount previous to that was $70,000. The maximum amount OSHA can collect for repeated violations is also capped at $126,000 as of 2016. OSHA stands for Occupational Safety and Health Administration, and operates as an official agency of the US Department of Labor.</span>
Answer:
Even when competitive firms are unable to calculate marginal revenue product directly, <u>competition in the labor market</u> will push wage rates toward the marginal revenue product of labor.
Explanation:
The labor market is made up of employers seeking for labor and employees offering their labor services. The law of supply and demand also applies to this market, when more employers are seeking employees, the price (= salary) will increase.
For example, if many companies are making a profit and they need more labor, the salaries will rise because the demand is rising.
Also the suppliers, the potential employees, compete against each other for the best possible jobs.
Are there any answer options? I know the answer if you have options
Answer:
c. Waiver of Premium
Explanation:
A waiver of premium is clause in an insurance contract in which the insurance company promises not to oblige the insurer to pay a fee to maintain the contract in some extraordinary cases: these cases are usually either disability or death.
Because in the case of this question the insured is concerned about becoming disable and losing the ability to pay for the contract, he is likely to benefit from a waiver of premium included in his insurance contract.
This is an example of racisim/ predjudice/colorisim or discriminatiom
