What Would Happen to Wages and Labor If Worker Safely

question 106

Multiple Choice

What would happen to wages and labor if worker safely regulations were abolished, making work conditions more dangerous?

• A) Both wages and labor quantity would rise.
• B) Both wages and labor quantity would fall.
• C) Wages would fall, and labor quantity would rise.
• D) Wages would rise, and labor quantity would fall.

---

Definitions:

Income

Refers to the money received, especially on a regular basis, for work or through investments.

Normal Goods

Goods for which demand increases as consumer income rises, and falls when consumer income decreases, opposite to inferior goods.

Inferior Goods

Goods whose demand decreases as the income of consumers increases, in contrast to normal goods.

Income

Income generated regularly from employment or investments.