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Which of the following job characteristics 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 Characteristics (1) and (3) would tend to increase the wage rate for the job.

B.  Only Characteristic (3) would tend to increase the wage rate for the job.

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

D.  Only Characteristics (2) and (4) would tend to increase the wage rate for the job.

E.  Only Characteristics (1) and (2) would tend to increase the wage rate for the job.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92188942

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