Use the Following to Answer Questions

question 273

Multiple Choice

Use the following to answer questions :
Figure: Equilibrium in the Labour Market
-At Hamill Manufacturing of Alberta,highly skilled senior machinists are paid $70 000,excluding benefits,but the average-skilled machinist generates approximately $137 000 in value added.This difference is due to the fact that the:

• A) marginal productivity theory of income distribution does not apply in this case.
• B) value of the marginal product of the last machinist hired is less than the average of all machinists employed.
• C) value of the marginal product of the last machinist hired is greater than the average of all machinists employed.
• D) value of the marginal product of the last machinist hired is equal to the average of all machinists employed.

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Definitions:

Women Leaders

Female individuals who hold leadership positions, influencing and guiding others within an organization or community.

Transactional Leadership

A leadership style focused on the exchange between leaders and followers, where followers are rewarded for achieving specific goals or performance levels.

Leadership Style

Refers to the behaviors and methods a leader uses to influence the attitudes and actions of others in achieving goals.

Female Leaders

Women who hold positions of authority and responsibility in directing and managing organizations or groups.