2006-09-14 00:31:20 · 4 answers · asked by Anonymous in Social Science ➔ Economics
Could be, but more likelyi Management will just take what would otherwise go as dividends to the stockholders and reinvestment in plant and expansion of the company.
2006-09-14 00:34:28 · answer #1 · answered by Anonymous · 2⤊ 0⤋
This is true, but higher salaries also make a decent standard of living. Also, the biggest reason for high costs is the high profits that the wealthy expect. All business decisions and pricing of products are done to maximize profits and keep all of the capital for the wealthy. Labor is a small part of the cost of any product. The capitalists just like to blame labor.
2006-09-14 08:06:48 · answer #2 · answered by irongrama 6 · 0⤊ 0⤋
no,not at all......
the product when produced in large scale ,it reduces the bsic cost of production,n high salary pckages is not given to every1`,it is given accorging to their xperience,knowledge n effiecency
they,r provided with high salary to make them sssured of the services provided by them...n they with their knowledge helps the industry to provide commadities at resanable prices n as well s be in cometation with othewr compnies
HIGH SALARY IS NOT GIVEN TO A PERSON SEEING HIS FACE,BUT FOR HIS KNOWLEDGE N EFFICENCY
2006-09-14 09:59:03 · answer #3 · answered by unlucky hand 3 · 0⤊ 0⤋
ALL operating costs are recovered from the consumer. ALL.
2006-09-14 07:40:04 · answer #4 · answered by ed 7 · 0⤊ 0⤋