Difficulty in Finding Profitable Projects Is Due To

question 55

Multiple Choice

Difficulty in finding profitable projects is due to:

• A)social responsibility.
• B)competitive markets.
• C)ethical dilemmas.
• D)opportunity costs.

---

Definitions:

Level of Employment

The level of employment refers to the total number of employed individuals within an economy at a given time, reflecting the job market's health and economic activity.

Efficiency Wage Equilibrium

A state in which employers pay above-market wages to increase productivity and reduce turnover among employees.

Demand for Labor

The total amount of workers that employers are willing and able to hire at a given wage rate in a certain period.

Efficiency Wage

A theory suggesting that higher wages may increase worker productivity and efficiency by attracting better applicants, reducing turnover, and increasing worker morale.