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Wage fund theory is proposed and developed by J.S. Mill. In this theory, the wage amount is being determined by the wage fund and the number of employees that are employed.
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The theory of wages are based on supply and demand for a worker's skills is called what theory?
market theory of wage determination.
How does the market theory of wage determination reflect the forces of supply and demand?
True
What is meant by subsistence wage?
Please visit the Wikipedia link below. It explains subsistence wage, AKA the subsistence theory of wages.http://en.wikipedia.org/wiki/Subsistence_theory_of_wages
What is the traditional theory of wages?
The theory states that the supply and demand for a worker's skills and services determine the wage or salary. --Danny R. (St. Petersburg, FL)
What is sticky wage theory?
It is an economic theory that states that wage rates are said to be "sticky" when they do not respond quickly to changes in demand or supply. An example would be employment contracts. If an economy is in recession or expansion, and the prices are either rising or falling, the wages of contract-bound employees do not change with economic changes.
Who propounded the wage fund theory?
J s mil
The theory of wages are based on supply and demand for a worker's skills is called what theory?
market theory of wage determination.
What moral theory would minimum wage law be justified most strongly?
The Stakeholder's theory in Ethics.
The theory of wages are based on supply and demand for a worker's skills is called what?
market theory of wage determination.
Who qualifies for the Stocks and Shares ISA fund?
In order to qualify for a Stocks and Shares ISA fund you must be an adult in the UK who is working and able to invest part of annual wage into the fund. The age of adulthood in the UK is 18.
Is provident fund a part of direct wages or an overhead?
Pf deduction from your direct wage direct wage-your basic salary (12 percent deduction from employee,13.61 from employer).
What was Thomas Malthus' minimum wage theory?
The Iron Law Of Wages
How does the market theory of wage determination reflect the forces of supply and demand?
True
What is meant by subsistence wage?
Please visit the Wikipedia link below. It explains subsistence wage, AKA the subsistence theory of wages.http://en.wikipedia.org/wiki/Subsistence_theory_of_wages
What is the traditional theory of wages?
The theory states that the supply and demand for a worker's skills and services determine the wage or salary. --Danny R. (St. Petersburg, FL)
Is the statement The Court agrees in theory that a worker needs a living wage true or false?
The statement that the court agrees that a worker needs a living wage is true. The standard that is called a living wage is difficult to determine and is not determined by the court itself, but this is not a false statement.
The view that nations are free to wage war only under certain conditions is called?
just war theory
