Which of the following is most likely to reduce the market wage in a job category? The job requires employees to work the night shift from 11 P.M. to 7 A.M. The job is prestigious, and the work is quite interesting. The job is widely viewed as dangerous. The job requires employees to move from city to city quite often. a. b. C. d.
Which of the following is most likely to reduce the market wage in a job category? The job requires employees to work the night shift from 11 P.M. to 7 A.M. The job is prestigious, and the work is quite interesting. The job is widely viewed as dangerous. The job requires employees to move from city to city quite often. a. b. C. d.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Economics Questions 9 and 10
What is the correct answers for these two econ questions?
Transcribed Image Text:**Question 9**
Which of the following is most likely to reduce the market wage in a job category?
a. The job requires employees to work the night shift from 11 P.M. to 7 A.M.
b. The job is prestigious, and the work is quite interesting.
c. The job is widely viewed as dangerous.
d. The job requires employees to move from city to city quite often.
**Answer:** B
---
**Question 10**
Which of the following events could decrease the demand for labor?
a. An increase in the number of migrant workers
b. An increase in the marginal productivity of workers
c. A decrease in demand for the final product produced by labor
d. A decrease in the supply of labor
**Answer:** C
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