______ can benefit from a piece rate pay system.
A) Only firms
B) Only workers
C) Neither firms nor workers
D) Both firms and workers

Question

Quizplus · Accepted Answer

Piece rate pay system benefits both firms and workers. For firms, it provides an incentive for workers to be productive and generate more output. This can lead to increased efficiency and profitability for the firm. For workers, they can earn more money if they produce more output, rewarding their hard work and productivity.

______ Can Benefit from a Piece Rate Pay System