The Concept of "Comparable Worth" Means That

question 50

Multiple Choice

The concept of "comparable worth" means that

• A)women should hold political offices in proportion to their numbers in the population.
• B)people should be paid according to the level of skill and responsibility involved in the work.
• C)the market system should determine the pay for any job.
• D)all jobs should be rewarded equally.

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Definitions:

Break-Even Point

The financial point at which total revenues exactly equal total costs, resulting in neither profit nor loss.

Profitability

An indicator of how effectively a company generates profit from its revenues, often measured by profit margins or return on investment.

Cost

The value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore.

Composite Units

A measurement or costing method that combines different elements or articles to determine a standard unit rate or cost.