Other things the same, the wages in an occupation are likely to be higher the more
a. dangerous the job.
b. pleasant the working conditions.
c. prestigious the work environment of the occupation.
d. desirable the location of the job.
a. dangerous the job.
You might also like to view...
Two key properties of indifference curves are that an indifference curve slopes
A) upward and is bowed out from the origin. B) downward and is bowed out from the origin. C) upward and is bowed in toward the origin. D) downward and is bowed in toward the origin.
Which of the following is an example of a normative statement?
A) Since this good is bad for you, you should not consume it. B) This good has bad health effects. C) If you consume this good, you will get sick. D) People usually get sick after consuming this good.
Consider a market with a price ceiling. If the price ceiling is lowered which of the following would happen?
a. The consumer surplus would increase, the producer surplus would decrease and the dead weight loss would decrease b. The consumer surplus would increase, the producer surplus would decrease and the dead weight loss would increase c. The consumer surplus, the producer surplus and the dead weight loss would all decrease d. The consumer surplus, the producer surplus and the dead weight loss would all increase e. The consumer surplus would decrease, the producer surplus would increase and the dead weight loss would increase
In some games, the noncooperative equilibrium is bad for the players and bad for society
a. True b. False Indicate whether the statement is true or false