Which of the following examples would tend to cause an, Ask an Expert

Economics

Which of the following examples would tend to cause an increase in the wage rate for the job?

(1) An increase in the number of individuals who possess the necessary skills for this job.

(2) An improvement in the working conditions associated with this job.

(3) An increase in the danger associated with this job.

(4) An increase in the amount of training needed to perform this job.

A. Only Examples (1), (2), and (4) would tend to increase the wage rate for the job.

B. Only Examples (1) and (3) would tend to increase the wage rate for the job.

C. Only Examples (3) and (4) would tend to increase the wage rate for the job.

D. Only Examples (2) and (3) would tend to increase the wage rate for the job.

E. Only Examples (1) and (4) would tend to increase the wage rate for the job.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92195323

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