Which of the Following Could Explain an Increase in the Equilibrium

question 90

Multiple Choice

Which of the following could explain an increase in the equilibrium wage rate for a particular job?

• A)a decrease in the amount of training needed to perform this job
• B)an increase in the amount of risk associated with this job
• C)a decrease in the amount of risk associated with this job
• D)an improvement in the working conditions associated with this job
• E)increased migration of workers to this geographic location

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Definitions:

Delayed Schedule

A situation where planned events or activities occur later than originally planned or intended, often resulting in setbacks or disruptions.

Rewards

Incentives or benefits given to individuals or groups to promote desired behaviors or outcomes.

Reinforcers

Reinforcers are stimuli that, when introduced following a behavior, increase the likelihood of that behavior being repeated in the future.

Performance Feedback

The information provided to an individual or group regarding their performance, aimed at reinforcing strengths or identifying areas for improvement.