Answer:
Informal feedback
Explanation:
In simple words, informal feedback relates to the feedback under which the feedback is not planned by either of the parties involved and the conversation regarding the review just happens occasionally unplanned. I
Generally, In such feedback there is no exchange of information but one party dictates their view to the other. Hence, from the above we can conclude that the given case is an instance of informal feedback.
Answer: Total deduction= $2,528
Explanation:
25000*0.2*0.8=4,000
Auto maximum = $3,160
Total deduction = 3,160*0.8
Total deduction= $2,528
An increase in the real wage rate decreases the quantity of labor demanded, increases the quantity of labor supplied, and when the labor market is in equilibrium, equates demand and supply of labor.
<h3>What is real wage rate?</h3>
Real Wage Rate in economics refers to the result obtained by dividing the nominal wage rate by the prices of goods.
It is used as a more accurate measure of how much the spending power and is also an indicator of the standard of living of workers.
Learn more about real wage rate at:
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