Efficiency wage theory argues that the productivity of workers will increase if they are paid more, and so employers will often find it worthwhile to pay their employees somewhat more than market conditions might dictate.
Employers who offer efficiency salaries above the minimum wage do so to keep skilled people on staff, boost output, or maintain loyalty. The efficiency wage theory explains why businesses are hesitant to reduce pay even in the face of heightened competition or during recessions.
Workers may experience unemployment because they are paid more than the equilibrium pay, which draws in more workers. Therefore, in contrast to theories that place a strong emphasis on government intervention, such as minimum wages, efficiency wages offer a market failure explanation of unemployment.
Learn more about Efficiency wage theory here brainly.com/question/13782323
#SPJ4
Answer:
$62,000
Explanation:
Calculation for Devin’s recognized gain
Fist step in to calculate the Consideration amount received by Devin’s
Consideration received by Devin’s=$65,000×0.80+$5,000+$20,000
Consideration received by Devin’s=$77,000
Second step is less the adjusted basis to the Consideration received by Devin’s in order to know the gain
Consideration received by Devin’s $77,000
Less Adjusted basis $15,000
Gain $62,000
($77,000-$15,000)
Therefore Devin’s recognized gain is $62,000
Answer:
The correct answer is A
Explanation:
Employee health and safety is one of the most important or vital and foremost aspect which is needed or required to be considered and taken care of by the firm or the facility.
In this case, meatpacking facility is not taking care of the health and the safety of the employee and if the employees contact OSHA (stands for Occupational Safety and Health Administration), which is a authority ensures safety at work and healthful work environment, and requesting for inspection.
Therefore, the management of the facility could expect no advance notification or information from OSHA regarding the inspection.
Answer:
I and IV
Explanation:
A proceed transaction is a type of transaction in securities where a broker uses the proceeds of the sales of a security to buy another security , still constituting a transaction. (option 1)
A proceed transaction is subjected to a combined mark - up or commission , where the mark up earned on the disposed security is added to the mark up earned on the new security bought in replacement , which must be reasonable and fair. (option iv)
Answer:
Explanation: Kindly find attached the transaction