Answer:
by committee
Explanation:
this is because it would be easier to do it with a committee than being alone.
Answer:
The answer is B. $45.00 per hour; $120.00 per hour
Explanation:
highminusoutput
Fixed costs 400000/16000= $25
variable costs 320000/16000= $20
Total <u>=$45</u>
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lowminusoutput
Fixed costs 400000/4000 = $100
variable costs 80000/4000 = $20
Total =<u>$120</u>
The nominal value takes into account the number that is actually announced at a time, while the <u>real value </u>refers to the statistic after it has been adjusted for inflation.
<h3>What do you mean by real value in economics?</h3>
A real value of an item, additionally referred to as its relative price, is its nominal price adjusted for inflation and measures that price in phrases of every other item.
Real values are extra vital than nominal values for monetary measures, along with the gross domestic product (GDP) and private incomes.
Thus, <u>Real value </u>refers to the statistic after it has been adjusted for inflation.
Learn more about Real Value in economics here:
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The statement above is TRUE.
A differential rate system is a type of compensation system in which a worker received an higher pay for performing a particular job within the allotted task time but received a lower wage for not been able to complete the task within the allotted time.