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mylen [45]
3 years ago
9

The efficiency wage​ ______. A. is paid by firms who​ can't directly monitor the work effort of their employees B. is equal to t

he minimum wage C. results in a high labor turnover D. does not motivate employees
Business
1 answer:
lubasha [3.4K]3 years ago
6 0

Answer:

A. is paid by firms who​ can't directly monitor the work effort of their employees

Explanation:

The efficiency wage refers to a wage that is greater than the equilibrium wage which firms pay to employee voluntarily in order to bring about higher productivity and profits.

The efficiency wage is usually paid in order to avoid "shirking" (screwing around) when it is not possible for firms to directly monitor the work effort of their employees.

Screwing around implies wasting time by enganging in  unproductive activity.

Therefore, the theory of effiiciency wage predicts that amployees are motivated to harder ans smarter when they are paid an efficiency wage when it is not possible for firms to directly monitor the work efforts of the employees.

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Which of the following application models is more likely to be suitable for a large company with a number of existing virtualize
yulyashka [42]

Answer:

<em>c. Distributed web application hosted at datacenters, accessed via browsers on each mobile and desktop device.</em>

Explanation:

Because the organization has an <em>existing and established virtualized data center, it really is highly probable that it will be able to use available resources to implement the application without incurring the extra cost of signing up to a cloud solution or host.</em>

8 0
3 years ago
Drag each description to the correct location on the chart. Determine which direction a nation’s PPC will shift as a result of t
vampirchik [111]
<span>Several multinational companies close their factories in the nation because of its changing economic climate.
Shifts left. The maximum production of the economy is lower because their are fewer factories. 

A mass e-learning initiative makes education cheaper and accessible across the nation.
Shifts right. This makes education less expensive, freeing up public and private money for investment and other uses which can further increase output.

Government money is illegally taken by increasingly corrupt bureaucrats and politicians.
Shifts left. this money is taken out of the economy where it could otherwise be invested in factors of production. 

New economic policies facilitate the signing of new international trade agreements.
Shifts right. Increased trade opens up markets to foreign imports/exports and investment, increasing the maximum capacity of the economy. </span>
7 0
3 years ago
The main motivation for economic activity in a free enterprise system is
jekas [21]

Answer:

C. maximizing profits

Explanation:

In the free market economy, productions and economic activities are conducted by individuals and privately owned firms. The government does not participate in economic activities in a market economy. Making profits is the primary reason why the private sector engages in business activities.

In the free market economy, the private sector owns the factors production. They risk their resources in producing goods and services to sell to the public. The reward for taking risks and for providing goods and services is the profits earned.

5 0
3 years ago
Read 2 more answers
What are the types of cheque​
salantis [7]

Answer:

Bearer Cheque.

Order Cheque.

Crossed Cheque.

Open Cheque.

Post-Dated Cheque.

Ante Dated Cheque.

Stale Cheque.

Traveler's Cheque.

8 0
3 years ago
Read 2 more answers
The Green Carpet has current liabilities of $72,100 and accounts receivable of $107,800. The firm has total assets of $443,500 a
quester [9]

Answer:

The answer is: $47,700

Explanation:

To determine net working capital we use the following formula:

Net working capital = total current assets - total current liabilities

  • Current assets: assets that can be converted to cash within a on year period (e.g. cash, account receivables, inventory, etc.)
  • Current liabilities: debts that should be paid within a one year period (e.g. accounts payable, wages, taxes, etc.)

Net working capital = $119,800 (current assets = total assets - net fixed assets) - $72,100 (current liabilities)

Net working capital = $47,700

6 0
3 years ago
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