Question

(iv) Piece workers are paid on the basis of
(a) Output produce
(b) Output sold
(c) Output in stock
(d) None of the above​

Answer 1

Piece rate pay occurs when workers are paid by the unit performed (e.g. the number of tee shirts or bricks produced) instead of being paid on the basis of time spent on the job.

Answer 2

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(c) Output sold