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Question 91 / 1 pointThe market pay rate is the:minimum wage rate set by the Department of Labor.pay rate at which applicants will accept a job.going rate.point at which supply and demand lines cross.Question 101 / 1 pointAll of the following except the _____ shape external competitiveness.Question 110 / 1 pointAll of the following are true regarding efficiency wage theory research except __________higher wages is associated with fewer disciplinary layoffs.Question 120 / 1 point7
CH7A study of graduating college students found they sought jobs with all of the following pay characteristics except ___________individual-based pay.Question 131 / 1 pointEvidence shows that in manufacturing, _____ is positively correlated with hourly wage level.retentionproductivityjob satisfactiontotal profitQuestion 141 / 1 pointA small lawn care company has two mowers and four employees. If it hires another employee, how productive will productivity of the fifth employee compare to the current two employees?Question 151 / 1 pointWhich of the following is not a reason a company might pay base wages above market competitors?Question 161 / 1 point8
CH7If Company A raises its pay rate one dollar per hour to hire additional workers and competitors immediately match the increase, what is the most likely result?Question 171 / 1 pointAmong pay-mix alternatives, base pay is largest in ____.work-life balancesecurity or commitmentperformance drivenmarket matchQuestion 181 / 1 pointRent sharing is most commonly associated with the _____ theory.Question 191 / 1 pointResearch on efficiency wage theory shows that:Question 200 / 1 point___________ theory is most useful for explaining variations in pay mix.9