January 27, 2015

Homework Help: Wages Quick reply

Posted by Neisha on Sunday, May 26, 2013 at 2:01pm.

All but which one of the following assumptions are included within the model of perfect competition? (Points : 1)

employers seek to maximize profits
workers have perfect information about wages and job opportunities
available workers differ with respect to both skill and performance
all jobs in the labor market are open to competition

Which of the following is not a part of the compensation system? (Points : 1)

health insurance
cheerfully decorated work station
company car
vacation pay

Employers and employees both benefit by providing goods and services in lieu of additional wages for all but which one of the following reasons? (Points : 1)

economies of scale are available through group purchasing
goods and services escape individual income tax
legislation requires the provision of certain benefits
employees may not be able to acquire certain goods and services individually
Approximately what percentage of workers are unionized? (Points : 1)


Money provides a measure of an employee's worth that is (Points : 1)


A growing disparity of income among members of USA society is directly attributable to (Points : 1)

increase in federal taxes
rise of two-wage earner families
demand for workers with higher levels of knowledge and skills
lack of job opportunities at lower pay levels

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