Assume that the marginal revenue product schedules of accountants and instructors are similar. Which of the following explains why accountants have greater beginning wages than school teachers? 1 Accountants have lower human capital than instructors. b. Accountants face fewer opportunities than instructors. 3. Accounting businesses offer a more pleasant working atmosphere than schools. 4. Accountants are in short supply as comparison to instructors. 5. Teaching majors graduate from college at a lower rate than accounting majors.

Assume that the marginal revenue product schedules of accountants and instructors are similar. Which of the following explains why accountants have greater beginning wages than school teachers? 1 Accountants have lower human capital than instructors. b. Accountants face fewer opportunities than instructors. 3. Accounting businesses offer a more pleasant working atmosphere than schools. 4. Accountants are in short supply as comparison to instructors. 5. Teaching majors graduate from college at a lower rate than accounting majors.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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