Huynh Is a Piece Rate Worker Who Creates Custom Molds

question 67

Multiple Choice

Huynh is a piece rate worker who creates custom molds for a plastics manufacturer. During a 40-hour workweek, he created 22 molds at a piece rate of $38.25 per mold. His hourly rate during the workweek is ________. (Do not round interim calculations. Round final answer to two decimal places.)

• A) $18.38
• B) $21.04
• C) $19.46
• D) $20.96

Analyze the potential problems associated with job enrichment and how they can be mitigated.

Explore new models of job design and their implications for organizational effectiveness.

Understand the principles of consumer behavior and utility maximization.

Comprehend the impact of price changes on the quantity demanded due to the law of diminishing marginal utility.