Chapters 18 - 19 chug (SPARE) Flashcards

1
Q

Earnings

A

Total pay for a worker

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2
Q

Relation of wage rate to quantity of labour

A

The higher the wage rate, the higher the quantity of labour

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3
Q

Time rate

A

Wage given based on time worked

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4
Q

Piece rate

A

Wage given based on output produced

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5
Q

Piece rate

A

Wage given based on output produced

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