Workers who dislike risk
A) prefer to be paid a salary rather than a wage.
B) prefer a salary system to a commission compensation system.
C) prefer to be paid monthly rather than weekly or daily.
D) prefer a piece-rate compensation system to a salary system.
B
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Which of the following require the depositor to commit to leaving their investment in the bank for a certain period of time in exchange for higher interest rates?
Which of the following best describes a firm that is showing economic profits?
a. The firm’s revenue is adequate to cover its explicit costs. b. The payments the firm has made are greater than its implicit costs. c. The firm has taken in enough money to cover its total opportunity costs. d. The per-unit cost of production for the firm is at its minimum.