Based on the Equal Pay Act of 1963, Men and women may be paid different wages under the Equal Pay Act when payment is made under a "<u>seniority</u><u> system, a </u><u>merit</u><u> system, or a system that measures </u><u>earnings</u><u> by </u><u>quantity</u><u> or quality of production."</u>
This is to make men and women have equal pay except for seniority or merit to those who deserve higher pay.
The United States Congress signed the Equal Pay Act of 1963 under President John F. Kennedy in his New Frontier Program.
The Equal Pay Act of 1963 was made to amend the Fair Labor Standards Act.
Hence, in this case, it is concluded that the Equal Pay Act of 1963 only makes men earn higher than women when it is based on seniority or merit.
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Answer:
The correct answer is B
Explanation:
Documenting the data in the business reports, which means that the company is recording or documenting the data which will help in preparing the business report. This report will help the reader in order to pursue the topic, could strengthen the argument and also protects the company from the charges of the plagiarism.
Therefore, all the options are achieved or accomplished.
Answer: should buy less B and more A.
Explanation:
Price of good A, PA = $2
Price of good B, PB = $4
The marginal utility on the last unit of A, MUA is given as 16
The marginal utility on the last unit of B, MUB is given as 24
Then, the marginal utility on the last dollar spent on A will be:
= MUA/PA
= 16/2
= 8
The marginal utility on the last dollar spent on B will be:
= MUB/PB
= 24/4
= 6
Based in the above calculation, Thomson should buy less B and more A as the marginal utility on the last dollar that is spent on A is more than that of B.
Common resources differ from public goods in that b) unlike public goods, common resources are rivalrous in consumption. A common resource is a resource that provides tangible benefits for the consumer. A common resource can be overused and consumed. Water is an example of a common resource, because although it's available to any and everyone, it has to be paid for, for use.