Suppose That All Workers Value a Safe Job $2,000 Per

question 85

Multiple Choice

Suppose that all workers value a safe job $2,000 per year more than a risky job. The cost to firms of providing a safe job is $700 per year for each worker. Firms currently pay workers $35,000 per year, without any effort to improve safety. If new firms began to offer workers $34,000 per year and safe jobs, then

• A)no workers would apply for jobs at the new firms.
• B)only low-quality workers would apply for jobs at the new firms.
• C)only injury-prone workers would apply for jobs at the new firms.
• D)all workers would apply for jobs at the new firms.

---

Definitions:

Ethical Considerations

The evaluation of moral principles and decision-making processes in personal and professional contexts.

Customer Relations

The management and maintenance of relationships between a business and its customers, focusing on communication and meeting customer needs.

Frontline Managers

Managers who directly supervise and support employees working on the core business activities of an organization.

Operating Employees

Workers who are directly involved in the day-to-day operations of an organization, typically responsible for executing tasks and processes.