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Problem

1. Suppose there are two types of jobs in the labor market: "safe" jobs and "risky" jobs. Describe how the worker decides whether to accept a safe job (where she cannot be injured) or a risky job (where she will certainly be injured).

2. Describe how the find decides whether to offer a safe working environment or a risky environment.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92761897

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