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The Administrative Concept of Value Refers to Cases in Which

Question 10

Multiple Choice

The administrative concept of value refers to cases in which:


A) The administration of a company determines the wage.
B) The wage is determined by the average value of the inputs, such as skill, effort, responsibility, etc.
C) The wage is determined by the marginal value assessed to features of a job.
D) The wage is determined by the value output produced by an additional unit of labour.
E) The wage is determined by collective agreements.

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