Ask Question
Advanced Placement (AP)Advanced Placement (AP)
15 August, 09:35

Describe how productivity affects wages.

+2
Answers (1)
  1. 15 August, 10:27
    0
    Economic theory states that the wage a worker earns equals the amount of output the worker can produce. If the wage were above productivity, firms would find it profitable to shed labor, resulting in downward pressure on wages and upward pressure on productivity.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Describe how productivity affects wages. ...” in 📙 Advanced Placement (AP) if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Compare a modern baseball game with a baseball game in the 1800s
Answers (1)
After sneaking in abode had he met his influential figure he would cut his curpus he thought to himself who was he
Answers (1)
What are short term effects of the Black death on Eurasia?
Answers (1)
If you require children in middle childhood to spend much time in quiet activities, they A. may develop nervous habits such as fidgeting and nail-biting. B. would work off nervous energy more quickly. C.
Answers (1)
Which two rotation axes will cause the greatest change in the rocket's flight path? Lift and Roll Pitch and Roll Pitch and Yaw Roll and Yaw
Answers (1)
New Questions in Advanced Placement (AP)
The spread of the Arabic language into North Africa and the Middle East was most likely a result of
Answers (2)
In rapidly changing times, your career planning must include
Answers (1)
Why is the space shuttle a different shape than earlier rockets
Answers (1)
How much does geography affect people's lives? Be sure to cite at least one piece of evidence about each geographic region (Middle America, South America, and North America).
Answers (1)
Find y'' if x^6+y^6=1
Answers (1)
Home » Advanced Placement (AP) » Describe how productivity affects wages.
Sign Up Forgot Password?