Proponents of Comparable Worth Justifies It on the Ground That

question 40

Multiple Choice

Proponents of comparable worth justifies it on the ground that:

• A)interfering with the functioning of the labor market will lead to shortages of labor.
• B)interfering with the functioning of the labor market will lead to excess supplies of labor.
• C)as a result of personal prejudices the market is unable to assess marginal products.
• D)market correctly processes the innumerable information which are available.
• E)interaction of demand and supply correctly determines the wage rate.

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Definitions:

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of maximization of shareholder wealth.

Income Tax Expense

The cost incurred by businesses and individuals due to earnings, computed based on tax rates and laws.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of wealth maximization.

Straight-Line Depreciation

Straight-line depreciation is a method of allocating the cost of a tangible asset over its useful life in equal annual amounts.