Eleanor works at a department store and is paid by the hour. when not at work, she likes to spend time reading at home. during the holiday season, eleanor can work as many hours as she wants due to the increased customer traffic. the store recently increased her hourly wage. complete the passage describing eleanor's situation.

The complete question would be:

Eleanor works at a department store and is paid by the hour. When not at work, she likes to spend time reading at home. During the holiday season, Eleanor can work as many hours as she wants due to the increased customer traffic. The store recently increased her hourly wage. Complete the passage describing Eleanor's situation.

The increased hourly wage acts as a direct incentive to work more hours. The wage increase causes the opportunity cost of reading at home to increase.

a direct incentive, more, increase

The increased hourly wage acts as a direct incentive to work more hours. The wage increase causes the opportunity cost of reading at home to increase.

Because we are discussing direct incentives, it is possible if we discuss more what direct incentives and indirect incentives are. Direct incentives are designed to directly affect investment returns. The difference between indirect and direct incentives is somewhat vague. Direct incentives are designed to have a direct impact on resource users and directly affect investment returns.

On the other hand, indirect incentives have an indirect impact through regulation or changes in the overall framework circumstances inside and outside the forestry area. There are some overlaps. For instance, tax concessions for estate investors are a direct incentive, while reducing general taxes on fuel is considered an indirect incentive because they reduce production and transportation costs and the plantation sector.

Direct incentives are delivered directly by the development agencies, government, non-governmental organizations, and even the private sector. Direct incentives include:

•goods and materials (such as seeds, fertilizers, etc.);

•provision of specific local infrastructure;

•grants;

•tax breaks or concessions;

•differential costs and access to resources;

•subsidized loans; and

•price guarantees and cost-sharing arrangements.

Indirect incentives can be differed into variable incentives and enabling incentives. Variable incentives are factors of economic which affect the net returns obtained by producers from plantation activities. On the other hand, enabling incentives mediates potential investors' responses to variable incentives and aids determine land use and management.

They can also be seen as elements in the investment setting which influence decision making. Enabling incentives of a country determine substantial investment risk, and information about it needs to be continuously updated to guide investors.

LEARN MORE

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

1.Explain the differences between hourly wage, salary, contract wage, and commission wage:  

2.True or false statements about wage:  

Keywords:

Direct incentives, indirect incentives

Subject  : Business

Class  : 10-12

Sub-Chapter: Economics

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