Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.
Sagot :
Maximizing profits is the factor that affects employers' decisions on how much to pay their workers.
What is profit maximization?
Profit maximisation is a process that businesses go through to make sure the best levels of output and prices are realised in order to maximise their returns. The company modifies important variables like sale price, production costs, and output levels in order to achieve its profit objectives.
Profit maximisation is a strategy that can promote effective and long-term business expansion. Using a profit maximisation approach can ensure that increased work results in higher net revenue if you're ready to develop your business.
What are other factors that affects workers pay?
Internal and External Determinants of Pay: Factors Affecting Employee Pay
- Employment Situation
- Financial Situation
- Government Control of Living Expenses
- Prevailing Wage Level Union Influence
- Globalization
- Sector-Across Mobility
Supporting answer
Hence option B is correct answer
To learn more about maximizing profit here https://brainly.com/question/14307523
#SPJ2
We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.