If a woman gets production targets in home based work but pays electricity cost herself what should be examined?
Answer and explanation
Correct answer: Real net income and hidden costs
When the woman pays the electricity bill herself, part of her earnings is used to meet the cost of production. Therefore, the payment offered alone is not enough; her real net income after deducting electricity, equipment, raw-material and other hidden costs should be examined. Production targets and working hours may matter, but they do not directly measure the income loss caused by the electricity expense. Exam tip: In home-based work, distinguish between gross earnings and net earnings after costs.
Frequently asked questions
What is the correct answer to this question?
Real net income and hidden costs
Why is this the correct answer?
When the woman pays the electricity bill herself, part of her earnings is used to meet the cost of production. Therefore, the payment offered alone is not enough; her real net income after deducting electricity, equipment, raw-material and other hidden costs should be examined. Production targets and working hours may matter, but they do not directly measure the income loss caused by the electricity expense. Exam tip: In home-based work, distinguish between gross earnings and net earnings after costs.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Women and work: issues and concerns.