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Author Question: It was more than a century ago that an engineer named Frederick Taylor walked into factories and ... (Read 130 times)

Mr3Hunna

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on: Jun 29, 2018
It was more than a century ago that an engineer named Frederick Taylor walked into factories and starting timing workers with a stop watch. He dissected their movements, and organized them more efficiently.
 
  He turned factory production into a science. Suppose work was completed in the factory based on what the floor manager decided and workers were paid a base daily wage plus a bonus when they produced more than expected. How does this firm organize production? A) through the command system
  B) through the incentive system
  C) through the market system
  D) through a mixed command and incentive system

Question 2

What leads to a decrease in the quantity supplied of a good or service?
 
  What will be an ideal response?


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mariahkathleeen

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

The quantity supplied of a good or service decreases when the price of the product decreases.


Mr3Hunna

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Reply 2 on: Jun 29, 2018
Excellent

marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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