Business
Business, 17.12.2019 05:31, wiltseliz4800

Is it likely that workers under a piece-rate system will end up choosing to produce less than the minimum output required under the hourly wage system? briefly explain. switching to the piece-rate system (compared to the minimum output required under the hourly wage system) likely a. will result in workers producing less output because more productive workers will be attracted. b. will not result in workers producing less output because they will have less incentive to produce beyond the minimum level previously required. c. will result in workers producing more output because they will incur less risk. d. will not result in workers producing less output because more productive workers will be retained. e. will result in workers producing less output because more productive workers will quit and take jobs elsewhere.

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