To ensure quality, piece-rate plans must usually be accompanied by:
A. time clocks.
B. profit-sharing plans.
C. spot checks.
D. quality control mechanisms.
Answer: D
You might also like to view...
When Ronald takes another economics class, other people in society benefit. The benefit to these other people is called the marginal ________ benefit of the class
A) social B) private C) external D) Coasian E) extra
Develop a simple model of inflation by identifying at least two exogenous variables and describing, briefly, how the value of these exogenous variables will impact the rate of increase in the overall level of prices in the economy
What will be an ideal response?
An increase in a consumer's income will increase the Marginal Rate of Transformation
Indicate whether the statement is true or false
Suppose the government auctions off permits to car and truck owners, with each permit allowing the user to emit five tons of carbon dioxide each year from his or her vehicle. The total amount of carbon dioxide permitted is less than the amount currently emitted by vehicles. These permits could then be bought and sold on a market. Which of the following is the best term for this type of system?
A. A cap-and-trade system B. A command-and-control system C. A mitigation allowance D. A price-based adaptation system