Examlex
Air-traffic controllers get paid high wages given their level of education. They also get frequent breaks and may only work a few days a week. Which of the following could explain their high wage?
Demand Falls
This occurs when there is a decrease in the desire or willingness of consumers to purchase a good at a given price, leading to potential shifts in the market equilibrium.
Economic Losses
Financial losses experienced by businesses or economies due to factors such as poor investments, natural disasters, or reduced consumer spending.
Pizza Suppliers
Businesses that supply pizza ingredients, equipment, or the pizza itself to consumers or other businesses.
Industry
A sector of the economy that produces goods or services, often categorized by similarity in the products or services they provide.
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