Quantcast
Channel: GMAT Club Forum - latest posts
Viewing all articles
Browse latest Browse all 421237

Re: Factory workers in Beltania are guaranteed lifetime jobs, bonuses paid

$
0
0
aanyajain20 wrote:
Factory workers in Beltania are guaranteed lifetime jobs, bonuses paid on the basis of productivity and corporate profits, and a wage rate that is not attached to a particular job.
Paradoxically, these guarantees do not discourage factory owners from introducing labor-saving machinery. Such innovations are to the factory owners advantage despite the fact that the owners must protect the wages of their workers.

Which of the following, if true, most helps to explain why the introduction of labor-saving machinery is advantageous to factory owners?


A. Before a Beltanian Factory worker is hired, he or she must present a record of his or her previous productivity.

B. Labor-saving machinery increases productivity, thus yielding profits that more than cover the cost of retraining workers for other jobs.

C. The purchase and maintenance of new machinery adds significantly to the final cost of the goods produced.

D. Factory workers demand a change of procedure in the routine tasks they perform.

E. Limited competition exists among Beltanian factories for consumer markets.



B exactly defines the reason for introduction of labor-saving machinery.

Viewing all articles
Browse latest Browse all 421237


<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>