Henry Ford's Experiment with Efficiency Wages Resulted In

question 56

Multiple Choice

Henry Ford's experiment with efficiency wages resulted in:

• A) no noticeable effects.
• B) a dramatic increase in the turnover rate.
• C) new problems with the workforce, like drunkenness and reckless driving.
• D) a decrease in the layoff rate.
• E) a dramatic decrease in productivity.

---

Definitions:

Actual

Pertaining to the real, recorded, or true values or outcomes, as opposed to estimated, planned, or theoretical figures.

Expected

Referring to what is considered likely or anticipated in terms of events, values, or outcomes.

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit of a product.

Unit Sales

The total quantity of a product sold by a company, not accounting for the revenue generated or any discounts offered.