Chapters 18 - 19 chug (SPARE) Flashcards
1
Q
Earnings
A
Total pay for a worker
2
Q
Relation of wage rate to quantity of labour
A
The higher the wage rate, the higher the quantity of labour
3
Q
Time rate
A
Wage given based on time worked
4
Q
Piece rate
A
Wage given based on output produced
5
Q
Piece rate
A
Wage given based on output produced