Refer to Figure 17-6. Which of the following statements about Scheme II is false?
A) It is likely to draw highly productive workers who see the opportunity to increase their wages.
B) It allows workers to increase their monthly wage without penalizing those who are content with their monthly wage.
C) It is more risky for senior employees.
D) It could discourage less productive workers and induce them to leave the firm.
C
Economics
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Which categories of people are excluded while estimating the number of potential workers in the United States?
What will be an ideal response?
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The more elastic the demand curve, a monopoly
A) will have a larger Lerner Index. B) will face a lower marginal cost. C) will earn more profit. D) will lose more sales as it raises its price.
Economics