According to the mainstream economics school of thought, market competition results in wages equal to:
A. workers' marginal productivity (i.e., the value of their work).
B. product revenues.
C. the value of a product.
D. the price of a product.
A. workers' marginal productivity (i.e., the value of their work).
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If a supervisor tells a worker who consistently arrives late, "I know you don't want to have your pay docked," the supervisor is addressing the worker's need for
A) safety and security. B) acceptance. C) status and esteem. D) self-actualization. E) power and control.
How would interest earned on a checking account be dealt with in a bank reconciliation?
a. added to company's book balance b. deducted from company's book balance c. added to bank statement balance d. deducted from bank statement balance
Proponents of personalistic ethics argue that
A. everyone ought to decide for themselves what is right based on their conscience. B. the best way to achieve the greatest good is to closely follow a set of rules and principles. C. the worth of a particular action is judged on the basis of the consequences it produces. D. societies, organizations and cultures determine what is ethically appropriate and acceptable within that group.
A contract is ________ if the offeror's offer can be accepted only by the performance of an act by the offeree
A) unilateral B) bilateral C) implied-in-law D) executory