Examples of incentive pay include

a. allowing employees a certain number of personal days
b. providing onsite parking for employees
c. cleaning the worksite with weekly janitorial service
d. prizes to the employee team to win a project goal tournament

d

Economics

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"The fewer the number of substitutes for a product, the more elastic the demand for that product." Is the previous statement true or false?

What will be an ideal response?

Economics

When Sam's Scarves uses 2 knitting machines and employs 3 people, total revenue is $330 a day. When Sam's Scarves uses 2 knitting machines and employs 4 people, total revenue is $360 a day

The value of marginal product of the third worker is ________. A) $110 B) $30 C) $360 D) $90

Economics