Park rangers at Yellowstone National Park are known to have low wages. This is probably because
a. park rangers are required to be college graduates.
b. park rangers don't need much money to live.
c. park ranger jobs are perceived to be dangerous.
d. park ranger jobs are perceived to be "fun."
d
You might also like to view...
Generally, ________ motivates firms to enter an industry, while ________ motivates firms to exit an industry.
A. accounting profit; accounting loss B. economic profit; economic loss C. economic profit; accounting loss D. accounting profit; economic loss
Which of the following is a feature of a perfectly competitive market?
A) There is only one seller of a commodity. B) The government rations commodities. C) Commodities are auctioned to the highest bidder. D) Each seller is too small to influence the market price.
The referendum version of the median voter model allows voters to vote on a series of marginally increasing quantities of a good
a. True b. False
The alternative quantities demanded for a given time period at different possible prices is known as
A) absolute demand. B) a demand schedule. C) real demand. D) constant demand.