Answer:
use a skill-based pay plan for the teams.
Explanation:
Based on this scenario it can be said that the best method for Dee to use would be a skill-based pay plan for the teams. A Skill-based pay (SBP) is a unique compensation method that is designed to reward individual employees with additional pay in exchange for formal certification of the employee's mastery of skills, knowledge, and/or competencies. This will promote individual initiative without suppressing a cooperative work environment.
Answer:
The remaining amount that the consumer would have would be $11
Explanation:
If the person originally had $14 but spent $3 all together on their items they would remain with the amount of $11.
(I hope this helps, I'm not sure if it's exactly what you were looking for but it's something so...)
Answer:B. are always completely flexible
Explanation:The classical theory proposes that all markets reequilibrate because of adjustments in prices and wages which are flexible. For instance, if an excess in the labor force or products exist, the wage or price of these will adjust to absorb the excess. If prices and wages are flexible, markets reequilibrate.
Wages are said to be flexible when they respond to changes in supply and demand and lead to the market clearing wage being set. It implies that the wage will be set by the Marginal Revenue Product of labour and marginal cost of labour. Any change in supply and demand for labour will lead to a change in the wage rate.
The importance of wage flexibility arises from the fact that, in most macroeconomic models, we find an inverse relationship between wages and employment.
Answer:
The answer is true.
Explanation:
The sellers in the perfectly competitive market become price takers as they have to sell under the price decided in the market through supply and demand.
This is mainly because there is no way to differentiate the product to change the price. Since all goods are identical, one good is a perfect substitute for another.
Answer:
a. H0 : U ≥ 15
Ha : U < 15
b. Type I error is incorrectly conclude that the pain is reduced in less than 15 minutes.
c. Type II error is fail to conclude that time for pain reduction is less than 15 mints when actually its less than 15 minutes.
Explanation:
Null hypothesis is a statement that is to be tested against the alternative hypothesis and then decision is taken whether to accept or reject the null hypothesis.
Type I error is one in which we reject a true null hypothesis.
Type II error is one in which we fail to reject the null hypothesis that is actually false.
