Suppose a Worker Can Earn $25,000

question 16

Multiple Choice

Suppose a worker can earn $25,000.He obtains specific training,raising his value by $10,000.If the worker can negotiate after the training,which of the following may be his wage?

• A) $15,000
• B) $20,000
• C) $25,000
• D) $30,000
• E) $40,000

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Definitions:

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, marked by significant technological advancements and changes in manufacturing processes.

Early Years

The initial stages or period of existence of a person, organization, or phenomenon.

Century

A period of one hundred years.