Which of the following is the most correct statementabout piece rates?
A)A piece rate firm would attract less productive workers because piece rates reduce the incentive to work
Hard.
B)A piece rate firm would attract more productive workers because piece rates usually require some form
Of quality control.
C)A piece rate firm would attract less productive workers because piece rates do not work well when
Quality is important.
D)A piece rate firm would attract more productive workers because piece rates give productive workers a
Chance to earn more money.

Question

Quizplus · Accepted Answer

Piece rates give productive workers a chance to earn more money, so a piece rate firm would attract more productive workers. This incentive to earn more money based on productivity would likely encourage high-achieving individuals to work harder and ultimately earn more.

Which of the Following Is the Most Correct Statementabout Piece