Labor is a resource that is necessary to produce many goods. "if the price of labor falls," says the economist, "the prices of goods will soon follow." how does this work?
a. the supply of goods rises
b. the demand for goods falls
c. the demand for goods rises
d. the supply of goods falls

You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?