A piece-rate contract is a labor contract in which a worker is
A) promised a given percentage increase in wage every year.
B) told how many pieces he or she must produce each day.
C) guaranteed a piece of the company profits.
D) paid according to a complicated formula involving the interest rate.
E) paid a given amount for each unit of output he or she produces.
Correct Answer:
Verified
Q117: To obtain human capital, an individual usually
Q118: The only reason for wage dispersion is
Q119: To gain human capital, an individual usually
Q120: The only way to gain human capital
Q121: Most workers in the United States have
Q123: Piece-rate wage contracts are most common in
Q124: Ph.D.'s working in academia generally are paid
Q125: Studies have not shown definitively that the
Q126: By imposing antidiscrimination regulations that require similar
Q127: Compensating wage differentials are mainly a result
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents