Answer:
D. announce variable pay linked to employee performance
Explanation:
employees will want to work harder of they are getting payed more money, therefore that would be an excellent way to increase productivity
Capital is a way of having land and labor to be involved for
production. In the given scenario above, the catapult and rock would be a
capital since it is needed to be made by people in order to gain something or
it is used for production.
Answer:
a) The demand curve for unskilled labor is vertical.
Explanation:
Someone says, "Even though the equilibrium wage rate is $8 an hour in the unskilled labor market, if we impose a minimum wage of $10 an hour, no one currently working will lose his or her job." This person must believe that the Group of answer choices demand curve for unskilled labor is vertical.
Response to prices depend on the elasticity of demand because elasticity of demand relates to how quantity demanded will fall as a result of increase in price or in this case wage rate.
A vertical demand curve is a pictorial demonstration of a perfectly inelastic demand which means that no matter how much to you increase the price no change will occur in quantity demanded as such a good is most essential to the consumers.
Therefore if the demand for labor is perfectly inelastic, it means nobody will be laid off with increase in wage rate as firms will not change their quantity demanded for labor.
Answer:
Receiving a high-level promotion
Explanation:
Abraham Maslow created a motivational theory as per which different needs of an individual can be prioritized with respect to their order of importance.
Maslow defined 5 needs in his hierarchy which are as follows:
Basic Psychological Needs
Safety Needs
Emotional Needs
Self Esteem Needs
Self Actualization Needs
As per the given information, receiving a high level promotion satisfies an individuals self esteem needs and earning respect and recognition among peers.