Temporary Workers May Also Experience Work-Related Problems That Do Not

question 8

Multiple Choice

Temporary workers may also experience work-related problems that do not affect permanent workers because:

• A) They often accept work in high-risk occupations.
• B) They receive lower wages than permanent workers, and many do not get enough placements to provide them with an adequate income.
• C) The nature of their work often results in social isolation and a poor self-image.
• D) A and B
• E) B and C

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Definitions:

Economic Profits

The surplus generated from business activities after accounting for both explicit and implicit costs, including opportunity costs, representing above-normal returns.

Explicit Costs

Direct, out-of-pocket payments for costs of production, such as wages, rent, and materials, that a company incurs in conducting its business.

Implicit Costs

Costs that represent the opportunity cost of using resources that a business already owns, rather than explicit outlays of cash.

Total Revenue

The total amount of money received by a company from selling goods or services before any expenses are subtracted.