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Mashcka [7]
3 years ago
6

If you have Cord, add me! Mine: RU7A1D45#9553

Business
1 answer:
oksian1 [2.3K]3 years ago
6 0

chill, hope you make good friends

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Gross pay is: Multiple Choice Deductions withheld by an employer. Salaries after taxes are deducted. Total compensation earned b
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Total compensation earned by an employee before any deductions.

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Gross pay is the total compensation earned by an employee before any deductions.

Net pay is the compensation after taxes and other deductions are removed

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Which federal legislation requires lenders to provide consumers with loan cost information?
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Consumer Credit Legislation.

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Which of the following explain the concept of explicit costs? (Check all that apply.) Multiple select question. A firm's monetar
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<h3>What is labor specialization?</h3>
  • When businesses separate their production or service process into many fixed tasks, specialization of labor, also known as division of labor, develops.
  • Employees don't complete numerous tasks themselves; instead, they repeat a single step of the production process.
  • The marginal-cost, average-total-cost, and average-variable-cost curves all move up.Y

What is division of labor and specialization in economics?

  • When a worker is specialized, they only carry out a small number of different jobs.
  • In the context of businesses, it alludes to many businesses that specialize in manufacturing various items or services.
  • When a good or service is produced, various workers are assigned to distinct duties. This is known as division of labor.

Learn more about labor specialization

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