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)
8
10
12
14
Money provides a measure of an employee's worth that is (Points : 1)
exact
motivational
qualifiable
quantifiable
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
All but which one of the following assumptions are included within the model of perfect competition
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
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To answer these questions, you need to understand the concepts and assumptions related to perfect competition, the compensation system, employer-employee benefits, unionization, money, and income disparity. Here's how you can find the answers to each question:
1. All but which one of the following assumptions are included within the model of perfect competition?
You can find the answer by understanding the assumptions of perfect competition. The correct answer would be the assumption that is not typically included in the model.
2. Which of the following is not a part of the compensation system?
You can find the answer by understanding what constitutes the compensation system. Look for elements that are typically not considered part of compensation packages.
3. Employers and employees both benefit by providing goods and services in lieu of additional wages for all but which one of the following reasons?
To determine the exception, consider the various reasons why employers and employees might choose to provide goods and services instead of additional wages. Look for the reason that is not typically a part of this decision-making process.
4. Approximately what percentage of workers are unionized?
To find the answer, you can look up statistics related to unionization rates. Look for data that shows the percentage of workers who are unionized.
5. Money provides a measure of an employee's worth that is:
To find the answer, consider the different ways in which money can be used as a measure of employee worth. Look for the characteristic that best describes the measure provided by money.
6. A growing disparity of income among members of USA society is directly attributable to:
To find the answer, consider the various factors that contribute to income disparity in the United States. Look for the factor that is most directly responsible for this growing disparity.
By following these steps, you will be able to find the correct answers to these questions.