Examlex

Solved

Chandra Has Found a High Quality Day Care That Meets

question 126

Multiple Choice

Chandra has found a high quality day care that meets all her criteria. Chandra can expect


Definitions:

Market Wage Rate

The prevailing rate of pay for a specific job or occupation in a labor market, influenced by supply and demand for labor.

Diminishing Returns

A principle stating that as investment in a single area of production increases, the rate of return from that investment, after a certain point, begins to decrease.

Worker

A person engaged in work, especially in manual or industrial labor, often for wages.

Related Questions