1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
77julia77 [94]
3 years ago
15

What concept is associated with the notion that employers can get greater effort from workers by paying them a relatively high,

above-equilibrium wage?A. profit sharingB. efficiency wagesC. piece-rate wagesD. bonus or commissions
Business
1 answer:
il63 [147K]3 years ago
3 0

Answer:

The correct answer is letter "B": efficiency wages.

Explanation:

Efficiency wage is the amount of money companies are willing to pay employees that is above the equilibrium wage in order to motivate them to increase the organization's productivity, thus, the firm's profits. This scenario implies that as workers are paid higher the unemployment rate is lower.

You might be interested in
The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta
Naddik [55]

Answer:

$11.165 unfavorable

Explanation:

The formula to compute the variable overhead efficiency variance is shown below:

= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour

where,  

Actual direct labor hours is 2,975

And, the standard direct labor hours equal to

= 250 units × 9

= 2,250

Now put these values to the above formula  

So, the value would equal to

= (2,975 - 2,250) × $15.40

= $11.165 unfavorable

6 0
3 years ago
Suppose that an installment plan calls for five payments to be made. The total paid in this plan is 20% more than the price woul
ollegr [7]

Answer:

The answer is $48.

Explanation:

20% of $200 is 40. So the total amount they will pay is $240. Since there will be five payments you divide this by five. That makes %48.

4 0
3 years ago
Evaluate the following​ statement: ​"Saving money is not lending. How can it​ be? When I save my​ money, I put it in a bank. I​
salantis [7]

Answer:

The correct answer is option C.

Explanation:

When we save we deposit it in  the bank and do not loan it out directly. But the bank keeps a certain portion of it and lends out the rest to those who need credit. So, the savings that we deposit in the bank become the basis of credit creation.

That is why the statement about saving and lending given in the question is incorrect.

3 0
3 years ago
The principal offensive strategy options include all of the following EXCEPT:A.using a cost advantage to attack competitors on t
Len [333]

Answer:

All are options for offensive strategy

Explanation:

In this question, we are trying to select an option which is not in terms with the other options as regards what principal offensive strategy should be.

Now, what the term principal offensive strategy refers to is that it is a type of corporate strategy that pushes for changes within the industry. What we are trying to say is that, the principal offensive strategy pursues an agenda that is pushing for a change within the industry.

Efforts might be concerted or individual steps might be taken. Hence, various techniques or strategies are in place to be used.

Offensive strategy types includes, an end run strategy where a company does not want competition and thus explore the part of the market with little or none.

A preemptive one which seek to conform some advantages on the company as it is the first one based on demographics

Others include: an acquisition and a direct attack strategy

3 0
3 years ago
questions What do you see as the main difference between a successful and an unsuccessful decision? How much does luck oues vers
ICE Princess25 [194]

Answer:

Explanation:

the difference between a successful and an unsuccessful decision is with a successful decision you would be successful and make profit since this is the subject of business and an unsuccessful decision will make you lose profit and make you lose into Investments.  there is no luck vs skill this is all skill actually.  skill has to do with this because you need to have certain experience in a certain thing to be having a successful decision.  

6 0
3 years ago
Other questions:
  • There are 10 firms in an industry, and each firm has a market share of 10 percent. the industry's herfindahl index is
    13·1 answer
  • Paul carter is applying for a loan from a bank. the bank is concerned because paul is an airline pilot for united airlines. the
    13·1 answer
  • Now, suppose the government were to decrease net taxes by $20 billion without changing the level of government purchases. This w
    8·1 answer
  • Have you ever used USAMS cable? How about it?
    7·1 answer
  • Suppose the money supply (as measured by checkable deposits) is currently $700 billion. The required reserve ratio is 25%. Banks
    5·1 answer
  • The diagnostic process is _____. a systematic approach to understand the organization none of the answers performed exclusively
    6·1 answer
  • To start a new business, a sole proprietor must meet a small number of government. Which of the following is not one of them
    12·1 answer
  • Administrative:
    13·1 answer
  • 20 points Help fast picking brainliest!! Zack wants to cut down on his variable expenses. What will reducing variable expenses a
    9·1 answer
  • for a monopolist, the market demand curve: a is also the demand for the monopolist's product. b is not important since the monop
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!