Refer to the Information Provided in Figure 14

question 47

Multiple Choice

Refer to the information provided in Figure 14.4 below to answer the questions that follow.
Figure 14.4
-Refer to Figure 14.4.A firm might pay wages above $10 per hour if it believes such a wage will result in all of the following EXCEPT

• A)reduce worker shirking.
• B)reduce worker turnover.
• C)improve worker moral.
• D)agitate unions.

---

Definitions:

Unsecured Credit

A type of credit not backed by collateral, where the lender relies on the borrower's creditworthiness rather than securing assets.

Goods

Items or merchandise that are manufactured or produced for sale.

Chattel Mortgage

A loan agreement where personal movable property is used as collateral for the loan, and the borrower retains possession of the property while repaying the loan.

Pledge

A commitment or security interest, especially in the context of a pledge of assets as collateral for a loan.