Examlex
Employees at CyberTech perform repetitive jobs that has resulted in boredom as well as repetitive strain injury. Technology makes it difficult to combine existing jobs, but the company wants to make employees more multi-skilled. Which of the following would best help CyberTech to improve this situation?
Regressive Tax
A tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower-income earners.
Deadweight Loss
The loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved or is not achievable. This can happen due to factors like market inefficiencies, taxes, or subsidies.
Corporation's Owners
Individuals or entities that hold shares of stock in a corporation, giving them ownership rights and interest in the company's profitability and governance.
Tax Collector
An official or entity responsible for collecting taxes on behalf of a government.
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