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Author Question: The major limitation of using the cost of living in determining wage rates is that a. past rates ... (Read 138 times)

FButt

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The major limitation of using the cost of living in determining wage rates is that
 
  a. past rates of profits do not predict future rates.
  b. wages are negotiated for a future period and cost-of-living data are historical.
  c. not all firms have an equal capacity to meet economic demands.
  d. the wide range of fringe benefit plans throughout industry weakens the concept.

Question 2

In addition to evidence and contractual language, an arbitrator must be charitable and compromising in order to decide an issue fairly.
 
  Indicate whether the statement is true or false



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bookworm410

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Answer to Question 1

B

Answer to Question 2

F




FButt

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


Sarahjh

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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