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Lera25 [3.4K]
2 years ago
10

Suppose that you own a house. what is the opportunity cost of living in the house

Business
1 answer:
KiRa [710]2 years ago
5 0
<em><u>It Depends On the House You Live in.If You Live In A mansion,Most Of them Cost About 75,0000$. If You live in A semi-Mansion,It Will cost You about 40,000$.If You Live In a Large House,It will cost you about 10,000.</u></em>
<em><u>Wish You good time studying!</u></em>
<em><u>(if its not clear,Report me,Thats you job) </u></em>
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Answer:Examples of financial incentives

Financial incentive(Monetary incentives):

It includes salary, bonus ,commission, retirement benefits, stock incentive and other financial perquisites like free house servant, car, medical facility e.t.c.

Explanation: Following are the main types of financial incentives:

1. Pay and Allowances: Salary is the basic monetary incentive for every employee. Beside basic salary, it also includes dearness allowance, travelling allowance and at times some other allowances too. It also consists of continuous increment in the pay every year and increase in allowances from time to time.

2. Productivity Linked Wage Incentives: Sometimes wage incentive plans are linked with payment of wages to increase productivity at individual or group level. Their quantum is based on actual output against targets.

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4. Profit Sharing: It refers to providing a share to employees in the profits of the organisation. This helps in motivating the employees to improve their performance and to contribute their maximum effort for increasing the profits.

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6. Retirement Benefits: Various retirement benefits such as provident fund, pension and gratuity, act as an incentive to an employee when they are in service in the organisation.

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Hope this helps :)

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