Question 24 of 38
Q.Wages that are paid on the basis of quantum of work done is ______.
(a) Piece wages
(b) Nominal wages
(c) Time wages
(d) Real wages
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2024MCQ· 1mImportance★★★★★
63% · 24/38 Questions
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Start your 14-day free trial to unlock the full solution →The correct option is (a) Piece wages: paid per unit of work done.
Piece wages are paid on the basis of the amount of work done — that is, per unit or piece of output produced — so a more productive worker earns more. This is contrasted with time wages, which are paid per unit of time (hour, day, month) irrespective of output.
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