Why Are US

question 54

Multiple Choice

Why are U.S.employers increasingly relying on part-time and temporary workers?

• A) Many workers are not interested in working as permanent,full-time employees.
• B) It offers workers additional benefits and protections.
• C) Corporations save money by using part-time and temporary workers.
• D) By using part-time and temporary workers,corporations are able to screen these employees for potential placement in longer-term positions.

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Definitions:

Consumer Surplus

The variance between what consumers are ready and capable of spending on a product or service and the actual sum they end up paying.

Producer Surplus

The difference between what producers are willing to accept for a good or service and the actual price they receive, reflecting the benefit to producers from higher prices.

Consumer Surplus

The gap between what consumers are prepared to spend on a product or service and the actual amount they end up paying.

Maximum Willingness

The highest amount an individual is prepared to pay for a good or service, reflecting their subjective valuation of its utility.