Which of the Following Factors Does Not Affect the Value

question 143

Multiple Choice

Which of the following factors does not affect the value of a worker's marginal product?

• A)discrimination against a particular group of workers by a firm's customers
• B)a worker's level of disposable income
• C)a worker's level of human capital
• D)compensating wage differentials

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing to invest resources in one option over another.

Objective

a specific, measurable, attainable, relevant, and time-bound goal that an individual or organization aims to achieve.

Scarcity

The economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Sultan Of Brunei

The monarch and head of state of Brunei, known for his wealth and absolute authority over the country.