Why the firm pays its administrative assistants hourly wage


Problem

Your boss just earned an MBA. She asks you why the firm pays its administrative assistants (secretaries) an hourly wage instead of piece rates or a percentage of the firm's profits. How do you answer her? Explain why administrative assistants are paid an hourly wage, and not piece rates or a percentage of the firms profits.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why the firm pays its administrative assistants hourly wage
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