The Fact That Some People Will Work Hard to Earn

question 83

Multiple Choice

The fact that some people will work hard to earn a lot of money while others will be content with much less income indicates that

• A) worker preferences are an important source of earning differentials.
• B) economics ranks one set of worker preferences as more desirable than another.
• C) some people can be paid less for doing hard work while others have to be paid a premium for doing a similar task.
• D) skill levels of laborers are a minor consideration in wage rate determination.