Store Clerks Are Known to Have Low Wages

question 287

Multiple Choice

Store clerks are known to have low wages. This is likely to reflect the fact that

• A)store clerk jobs are perceived to be relatively easy, thus attracting low-skill workers.
• B)store clerk jobs are perceived to be relatively difficult, thus attracting high-skill workers.
• C)many people perceive the job of store clerk as having significant risk of death on the job.
• D)store clerks are required to have a college degree.

---

Definitions:

Total Cost

The complete cost of production or operations, including fixed and variable costs, that a company incurs in providing goods or services.

Available-for-Sale Securities

Financial assets such as stocks or bonds that are bought and held primarily for sale in the near term to generate income on short-term price differences.

Trading Securities

Short-term investments in debt or equity securities that a company intends to sell within a short period to generate profits on short-term price differences.

Comprehensive Income

Total non-owner changes in equity for a reporting period, which includes all recognized income and expenses, including those not included in the net income.