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nexus9112 [7]
3 years ago
7

Which of the following affects the wage a firm is willing to pay its workers?

Business
1 answer:
Alborosie3 years ago
3 0

Answer: E. . All of the above affect the wage a firm is willing to pay its workers

Explanation:

The wage a firm is willing to pay its workers is affected by:

• The productivity of workers.

• Consumer demand for the goods and/or services that the firm creates.

• The amount of fringe benefits the firm is required by law to pay.

• The level of payroll taxes the firm must pay.

It should be noted that when there's increase in productivity and rise in demand for a good by consumers, companies will be willing to pay more for their workers.

Likewise a decrease in tax and fringe benefits affects companies paying ability.

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True or false: A potential consequence of an incentive system for factory workers is that workers who are rewarded solely on out
wolverine [178]

If there is incentive system linked to quantity of output produced then workers will try to produce as much products as they can, compromising on the quality of product.

The statement is True.

<h3>Incentive system based on Quantity Produced</h3>

There are different incentive systems in a factory. A worker may get rewarded base don quantity produced.

If this is the case then the worker will try to make more products in minimum possible time which can reduce the quality of those products.

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2 years ago
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Margarita [4]

Answer:

Taxes

Explanation:

3 0
2 years ago
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Blue ace autos inc. and ferdova autos inc. are two competing automobile companies. while blue ace autos' cost of goods sold/reve
Galina-37 [17]
Given:
Blue Ace Autos Inc: cost of goods sold / revenue = 63.4%
Ferdova Autos Inc.: cost of goods sold / revenue = 54.2%

The percentage rate represents the part of the revenue that the cost of goods sold is a part of. This means that the revenue is 100%. The difference of the revenue and cost of good sold is the profit. The higher the percentage of the profit, the better.

Blue Ace Autos Inc: 100% - 63.4% = 36.6%
Ferdova Autos Inc: 100% - 54.2% = 45.8%

Ferdova Autos Inc. earn a higher profit (45.8% of revenue) than Blue Ace Autos Inc (36.6% of revenue).
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3 years ago
While driving to school, Brandon thinks about his upcoming midterms. When he reaches campus, he realizes that he doesn't remembe
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3 years ago
Sixty years ago, your mother invested $3,800. Today, that investment is worth $430,065.11. What is the average annual rate of re
LuckyWell [14K]

Answer:

8.2%

Explanation:

As we know that:

r = (Future Value / Present Value)^(1/Time)   - 1

Here

Future Value is $430,065.11

Present Value is $3,800

Time is 60 years

By putting values, we have:

r = ($430,065.11 / $3,800)^(1/60)   - 1

r = (113.16)^(1/60)   - 1

r = 1.082 - 1 = 8.2%

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3 years ago
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