Which of the Following Would Reduce the Supply of Microcomputers

question 22

Multiple Choice

Which of the following would reduce the supply of microcomputers?

• A) a technological improvement that lowers the cost of producing the computers
• B) higher wage rates for the workers that assemble the computers
• C) a reduction in the price of computer chips used to produce the computers
• D) a reduction in the price of computers.

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Definitions:

Horizontal Job Loading

Increasing the breadth of tasks performed in a job, as opposed to vertical loading which involves adding tasks of higher responsibility.

Flextime

A flexible work scheduling policy that allows employees to vary their arrival and departure times within specified limits.

Profit-Sharing

A compensation program where employees or stakeholders receive a share of the company’s profits, often based on predefined criteria or performance metrics.

Gain-Sharing

A compensation strategy designed to share the financial benefits with employees when the company achieves specific performance improvements.