Answer:
b. between $100 and $200
Explanation:
Producer surplus: The producer surplus is a difference between the willing price declared by the producers and the price the producers receives for supplying the goods and services.
In mathematically,
Producer surplus = Willing price - Receiving price
= $400 - $300
= $100
I would say define the situation.
Answer:
<em>d. workers are motivated by higher wages to work harder.</em>
Explanation:
If <em><u>workers are been motivated by giving them a higher daily income to make them work harder</u></em>.
If the company wants to manufacture products and earn money, then the company have to see that my workers are happy or not, because in the company the workers are the assets. <em>So if the company provide the workers high daily wage, then the workers will work harder and give their hundred percent on the field.</em>
<em></em>
Answer:
Pension benefit plan
Explanation:
A pension benefit plan is one where an employee promises to make a lump payment or a series of payments to an employee on retirement.
There is a guaranteed payment for the employee upon retirement.
It includes employee's pay, years of employment, and age at point of retirement.
As the pension benefit plan takes into consideration the number of years served by the employee it will be a perfect fit for Mr. Reuben's staff.
