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Management Business Statistics Difficulty: Medium

Consider the following for Equal Remuneration Act, 1976. 1. The employer needs to pay his workers equal pay irrespective of their genders for performing the same work or work of a similar nature. 2. Only labour officer has the right of hearing for deciding complaints with regard to claims arising out of non-payment of wages at equal rates to men and women workers for the same work or work of a similar nature. 3. The employer cannot discriminate between men and women workers while recruiting them for the same work or work of a similar nature. Which of the following statement given above is/are correct? If contribution margin is $72000 and operating income is $12000, then degree of operating leverage would be A type II error occurs when National income is Products that are relatively inexpensive and are purchased frequently with minimal effort can be classified as ___________ products.