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Least productive workers may be paid more than the value they produce due to factors such as labor market dynamics, minimum wage regulations, or union agreements that set pay scales regardless of individual output. Additionally, firms often prioritize employee retention and morale, leading them to offer higher wages to less productive workers to maintain overall harmony. Conversely, the most productive workers may receive lower relative pay because their high output can be undervalued in competitive environments, or firms may assume their productivity is a baseline expectation rather than an exceptional contribution.
What else can I help you with?
The performance of a particular productive task within an economic system?
A productive task within an economic system usually benefits many individuals within the system. The performance of these tasks will ultimately improve the economy in the long term.
Why is it important for economic production?
Assuming a company has been created for commercial purposes, then "productive" means that the people within the company are expected to deliver the goods or services for which the company was created. In order to create goods or deliver services individuals must be "productive". As to why it is "important" to be productive, the alternative to productive is non-productive, and the "non" also leads to non-income, non-profit and pretty quickly non-company!
Advantage of specialisation?
The advantage of specialization is to gain greater degrees of productive efficiency within the entire system of businesses or areas. Specialization is the basis of global trade as few countries produce enough goods to be completely self-sufficient. So each country specializes at producing what its best at.
What was the primary interest of the Congress of Industrial Organization?
for a multiple choice answer:the organization of all workers within an industry
The primary interest of the Congress of Industrial Organizations was?
for a multiple choice answer:the organization of all workers within an industry
What fractors other than eduaction contributes to an increased income from work?
The most important factor is productivity: when workers become more productive they can produce more goods within a working period, and assuming workers are paid until w=vmp (i.e. their wage is equal to the value of the goods that they produce) then their income will rise. Increases in technology and work habits can lead to an increase in productivity.
Who decides what a company will produce and how they will produce it?
the owner of the buisness togeda wth the manageral sector within the buisness/firm are the ones who come up wth a decision on what products to produce in the company and how they can be produced.the products may be produced by the machinery within the firm done by the workers in the uisness
Are happy workers productive worker?
Yes, research has shown that happy workers tend to be more productive. When employees feel satisfied and fulfilled at work, they are more likely to be engaged, motivated, and committed to their tasks, which can ultimately lead to increased productivity and performance.
The performance of a particular productive task within an economic system?
A productive task within an economic system usually benefits many individuals within the system. The performance of these tasks will ultimately improve the economy in the long term.
Do reeds produce seeds?
Yes, reeds are flowering plants that produce seeds. The seeds are typically contained within the flowers or inflorescence of the reed plant.
How long does it typically take for a contractor to build a house?
Contractors can typically build a house within a couple of months. It varies based on the complexity of the house and the number of workers deployed to helping with the construction.
What is the lifespan of a snow pea?
The lifespan of a snow pea plant typically ranges from about 60 to 70 days from planting to harvest. These cool-season crops thrive best in spring and fall, and they can produce pods within a few weeks of flowering. After harvesting, the plants may continue to produce for a short period, but they generally decline after the initial harvest. Overall, the productive life of a snow pea plant is relatively short compared to other crops.
The type of control that is imposed on workers within the organization by the shared values and standards of behavior for workers within that organization is known as?
Bureaucratic conteol
Does Ascomycetes have a tough sac that contains spores?
Yes, Ascomycetes produce spores within sac-like structures called asci, which are typically contained within a structure called an ascocarp.
What is the medical term for a person educated in caring for the terminally ill?
It is called "hospice care" where terminally ill individuals can receive care within their own home. Typically, individuals who work within this field are nurses, and social workers.
How many days does it take cucumber to die?
The lifespan of a cucumber plant can vary based on factors like growing conditions and disease. Typically, a cucumber plant can produce fruit for about 50 to 70 days after germination. However, if conditions are unfavorable or if the plant becomes diseased, it can die much sooner, sometimes within a few weeks. Proper care can extend its productive life.
Do you get paid going to a veterinary medicine school?
No you do not, and typically you must pay if there are no scholarships available However, there are some students that work within schools (student workers), to help with expenses.
