A commission system of compensation reduces the risk to workers during seasonal periods when business is sluggish

Indicate whether the statement is true or false

FALSE

Economics

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Under conditions of first-degree price discrimination

A) production will equal that which would exist under perfect competition. B) production will exceed that which would prevail under perfect competition. C) prices will be lower than under perfect competition. D) production will always be lower than under perfect competition.

Economics

Which of the following would tend to raise real wages? a. An increase in the demand for labor and no change in the supply of labor

b. A decrease in the demand for labor and no change in the supply of labor. c. An increase in the demand for labor that is greater than an increase in the supply of labor. d. Either (a) or (c).

Economics