What is paid to the workers in production ?

1 Answer

Answer :

Are workers paid for production ?

Related questions

Description : The main advantage of specialization results from (a) The economies of large scale production (b) The specializing country behaves like a monopoly © Smaller production runs resulting in lower unit costs. (d) High wages paid to foreign workers.

Last Answer : (a) The economies of large scale production

Description : What do food line assembly workers get paid?

Last Answer : Whatever is the minimum wage in their area – which in the USA is probably from about 7 something to 15 dollars an hour.

Description : Do retail workers who work the midnight shift Black Friday get paid extra?

Last Answer : Probably not, unless you have the protection of a union.

Description : Do construction workers get paid on rainy days?

Last Answer : If they arent working because of the rain, then no they arent getting paid, its just a day off. When i used to do construction i would pray for rain lol. Yea you dont get paid, but your not doing hard work either lol.

Description : How much were workers who worked on the empire state building paid?

Last Answer : Need answer

Description : Why don't workers get paid when you are on strike?

Last Answer : Striking workers don't get paid by their employer because theydo not have an excused absence and they are aren't working. Unlesstheir union contract says otherwise, employees cannot useaccumulated ... sick leave during a strike. Some unionsprovide some type of minimal income to striking members.

Description : how can I get two medical collection bills removed from my credit report because these two bills were to be paid by workers comp insurance co. please advise. thanks?

Last Answer : Go to where the medical service was provided. They will be able to give you papers that show the bills have been paid. Bring those papers into the local credit agency to have them remove them. You can even request the medical providor call in and have them removed.

Description : How much did workers in ancient egypt get paid?

Last Answer : 200 CE) received 36 drachmas a day for performances in Egypt during the Roman Period and for one six-day show was paid 216 drachmas (approximately $5,400). Entertainers performed for the laborers during their building projects, on street corners, in bars, in the market, and, as noted, in temples.

Description : Which of the following are not fixed costs? (1) Rent on land (2) Municipal taxes (3) Wages paid to workers (4) Insurance charges

Last Answer : (3) Wages paid to workers Explanation: In economics, fixed costs are business expenses that are not dependent on the level of goods or services produced by the business. They tend to be time-related, such ... paid in wages, can often be varied, so this type of labour cost is a variable cost.

Description : Assertion (A): Mohan is a shopkeeper who pays his taxes on time. He has employed two workers Raghu and Rakesh in his shop. He pays them well but none of the workers get paid leaves in a year. Reason (R): Rakesh ... correct explanation of A. (c) A is true but R is false. (d) Both A & R are false.

Last Answer : (a) Both A & R are true and R is the correct explanation of A

Description : Which of the following are not fixed costs? (1) Rent on land (2) Municipal taxes (3) Wages paid to workers (4) Insurance charges

Last Answer :  Wages paid to workers

Description : Who believed that workers should own and control the means of production.?

Last Answer : The act or process or producing, bringing forth, or exhibiting to view; as, the production of commodities, of a witness.,That which is produced, yielded, or made, whether naturally, or ... productions of handicraft; the productions of intellect or genius.,The act of lengthening out or prolonging.

Description : Who believed that workers should own and control the means of production.?

Last Answer : The act or process or producing, bringing forth, or exhibiting to view; as, the production of commodities, of a witness.,That which is produced, yielded, or made, whether naturally, or ... productions of handicraft; the productions of intellect or genius.,The act of lengthening out or prolonging.

Description : Capacity utilization - (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : (3) is a measure of the proportional of the existing capital stock used for current production. Explanation: Capacity utilisation refers to the extent or level to which the productive capacity of a ... as a percentage, it is computed by dividing the total capacity with the portion being utilized.

Description : Which of the following is not a benefit of international trade? (a) Lower domestic prices (b) Development of more efficient methods of production © A wider selection of products for domestic consumers (d) High wage levels for all domestic workers.

Last Answer : The theory of comparative cost advantage is given by

Description : Capacity utilisation (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : is a measure of the proportional of the existing capital stock used for current production.

Description : The opportunity cost of a factor of production is - (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Last Answer : (4) what it can earn in some other use. Explanation: The opportunity cost of a choice is the value of the best alternative forgone, in a situation in which a choice needs to be made between ... given limited resources. It is equivalent to what a factor could earn for the firm in alter-native uses.

Description : Cost of production of the producer is given by: (1) sum of wages paid to labourers. (2) sum of wages and interest paid on capital. (3) sum of wages, interest, rent and supernormal profit. (4) sum of wages, interest, rent and normal profit.

Last Answer : (4) sum of wages, interest, rent and normal profit. Explanation: The following elements are included in the cost of production: (1) Purchase of raw machinery, (2) Installation of plant and machinery ... also added, (k) The normal profit of the entrepreneur is also included In the cost of production.

Description : _________ identifies six structures of patriarchy such as household production, paid work, male violence, culture, state and sexuality. a. Freud. b. Walby. c. William James. d. Davidson.

Last Answer : b. Walby.

Description : Pick out the wrong statement. (A) Net worth means paid up share capital and reserve & surplus (i.e. shareholders equity) (B) Return on equity = profit after tax/net worth (C) Working ... /net working capital (D) Total cost of production is more than net sales realisation (NSR) at breakeven point

Last Answer : (D) Total cost of production is more than net sales realisation (NSR) at breakeven point

Description : CG Co manufactures a single product T. Budgeted production output of product T during June is  200 units. Each unit of product T requires 6 labour hours for completion and CG Co anticipates 20 per  cent idle time. Labour is paid at ... for March is (a) Rs 6,720 (b) 8,400 (c) 10,080 (d) 10,500

Last Answer : (d) 10,500

Description : The opportunity cost of a factor of production is (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Last Answer : what it can earn in some other use.

Description : Cost of production of the producer is given by: (1) sum of wages paid to labourers. (2) sum of wages and interest paid on capital. (3) sum of wages, interest, rent and supernormal profit. (4) sum of wages, interest, rent and normal profit.

Last Answer : sum of wages, interest, rent and normal profit.