Sam Was Hired as an Operations Supervisor and Receives Tuition

question 32

Multiple Choice

Sam was hired as an operations supervisor and receives tuition reimbursement for pursuing his master's degree. What is this portion of his compensation package called?

• A) benefits
• B) incentives
• C) salaries and wages
• D) a bonus

---

Definitions:

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price within a certain time period.

Supply Unchanged

A situation in which the quantity of a good or service available in the market does not increase or decrease over a period.

Quantity Supplied

The volume of a good or service that manufacturers are prepared and able to offer for sale at an established price within a given interval.

Quantity Demanded

The aggregate quantity of a product or service that buyers intend to buy at a specific price point within a certain timeframe.