A hedonic wage function could be applied to which of the following job characteristics?
A) the probability of being injured on the job
B) the degree to which a job involves monotonous work
C) the degree to which the area surrounding the job location is safe
D) the degree to which a job involves strenuous work
E) All of the above can be represented with a hedonic wage function.

Question

Quizplus · Accepted Answer

Hedonic wage theory suggests that wages are determined by the characteristics of the job and the worker, including both the positive and negative aspects of a job. This includes the risk of injury, monotony, surrounding area safety, and the physical demands of the job. Therefore, all the listed characteristics can be represented within a hedonic wage function.

A Hedonic Wage Function Could Be Applied to Which of the Following