Marginal Productivity Theory Implies That a Worker Will Be Paid

question 145

Multiple Choice

Marginal productivity theory implies that a worker will be paid an amount

• A)equal to his or her contribution to the productive process.
• B)less than his or her contribution to the productive process.
• C)greater than his or her contribution to the productive process.
• D)determined by his or her individual bargaining.

---

Definitions:

Best Practice

A method or technique acknowledged as more effective and efficient compared to others in a certain field or industry.

Governs

Governs involves the conduct, direction, or regulation of the policies and affairs of a group or sector, typically denoting the act of exercise in authority or control.

Nominating Committee

A group within an organization responsible for recommending candidates for board or committee memberships.

Naming Committee

A group of individuals tasked with the responsibility of choosing names for new initiatives, projects, buildings, or entities.