Answer:
Efficiency wage theory. Option A
Explanation: Efficiency wage theory is the idea that an increase in wages will lead to more productivity among workers because they will feel more motivated to work.
This is important for the employers also, because it will lead to higher productivity if they paid their employees more than what the market conditions dictate.
For example in a competitive labour market, employer A will enjoy more productivity and employee loyalty than employer B if employer A paid $10/hr and employer B paid $5/hr, in the same industry.
The reasons for high export instability in LDCs than DCs are: Specialization in production and exports of primary products, Commodity Concentration and geographical concentration of export markets (Hock, 2007).
Apartheid was basically racial segregation and discrimination during the colonial times in South Africa.
Answer and Explanation:
The journal entry to record the sales transaction is given below:
On April 10
Cash Dr $25,725
To Sales revenue $24,500
To Sales tax payable $1,225
(Being the sale is recorded)
Here cash is debited as it increased the assets and revenue & sales tax payable is credited as it increased the revenue & liabilities
