A potential problem with paying workers based on a piece rate is that:
A. workers will attempt to produce quality at the expense of quantity.
B. workers will attempt to produce quantity at the expense of quality.
C. effort cannot be expended engaging in quality control.
D. effort should not be expended engaging in quality control.
Answer: B
You might also like to view...
According to the classical dichotomy and money neutrality, a doubling of the money supply, holding all else constant, causes prices to _____ and real GDP to _____
Fill in the blank(s) with correct word
The development of pay-per-view technology:
A. converted a collective good into a private good. B. has made all consumers worse off. C. allows consumers to see movies that were previously unavailable for several years. D. converted a pure public good into a collective good.
A decrease in the expected future exchange rate ________ the demand for U.S. dollars and shifts the demand curve for U.S. dollars ________
A) increases; rightward B) decreases; rightward C) decreases; leftward D) increases; leftward
An unexpected rise in Housing Starts should send bond prices __________ and stock prices __________
A) up; up B) up; down C) down; up D) down; down