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Questions and Answers
Which of the following statements accurately describes the relationship between hourly wage and allotted hours?
Which of the following statements accurately describes the relationship between hourly wage and allotted hours?
- As the hourly wage decreases, the number of allotted hours also decreases
- As the hourly wage increases, the number of allotted hours decreases (correct)
- As the hourly wage increases, the number of allotted hours also increases
- There is no relationship between hourly wage and allotted hours
What happens to the number of allotted hours when there is no increase or decrease in the budget?
What happens to the number of allotted hours when there is no increase or decrease in the budget?
- The number of allotted hours cannot be determined
- The number of allotted hours increases
- The number of allotted hours remains the same (correct)
- The number of allotted hours decreases
Which of the following is NOT true regarding the relationship between hourly wage and allotted hours?
Which of the following is NOT true regarding the relationship between hourly wage and allotted hours?
- As the hourly wage increases, the number of allotted hours decreases
- As the hourly wage increases, the number of allotted hours increases (correct)
- As the hourly wage decreases, the number of allotted hours decreases
- As the hourly wage decreases, the number of allotted hours increases
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