Question

1. Employees of a factory are likely to receive
increment in wages when is/are
increasing
(A) imports
(B) output
(C) labor supply
(D) unemployment​

Answer 1

The correct answer is :

(B) output

Explanation :

• Employees of a Factory are likely to receive increment in wages when output is increasing.
• The wages of the workers working in any factory increase when the output of the factory starts increasing.
• Increasing factory output means that the demand for the product is increasing.
• As the demand for the product increases and the output increases.
• As production increases, the profit of the factory also increases.
• This benefit is provided to the employees in the form of increment as a dividend.

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