If a Worker Is Indifferent Between a Job with a Wage

question 240

Multiple Choice

If a worker is indifferent between a job with a wage of $10 per hour and a job with a wage of $12 per hour, then the

• A)higher-paying job has a compensating wage differential of $2 per hour.
• B)higher-paying job has a compensating wage differential of $12 per hour.
• C)higher-paying job is intrinsically more attractive than the lower-paying job.
• D)wage in the higher-paying job must eventually fall due to competition.

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Definitions:

Nucleus

A membrane-bound organelle found in eukaryotic cells that contains most of the cell's genetic material and regulates gene expression and cell division.

Chloroplast

The organelle found in plant cells and some algae that is responsible for photosynthesis.

Plant Cell

The basic structural and functional unit of plants, characterized by a cell wall, chloroplasts, and a large central vacuole.

Peptidoglycan

A complex polymer that forms a mesh-like layer outside the plasma membrane of most bacteria, providing structural support and shape.