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julia-pushkina [17]
3 years ago
12

What is the ratchet effect?

Advanced Placement (AP)
1 answer:
Tomtit [17]3 years ago
8 0
The ratchet effect refers to a situation where workers subject to performance pay choose to restrict their output, because they rationally anticipate that firms will respond to higher output levels by raising output requirements or cutting pay.
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In Bolandia, the streets are constructed from 10-metre pieces. A lamppost must be placed at both
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Answer: 340m

Explanation:

Given that:

Streets are constructed from 10 m pieces;

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A lamppost is also placed at every notice board along its length :

Given that:

Einstein Street has 42 lamppost and 7 notice boards :

So,

7 lamppost for 7 notice boards :

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3 years ago
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