Which of the following does not affect wages?
A) number of persons who can do a particular job
B) degree of effort employees exert while on the job
C) workers' abilities and skills
D) product demand
E) none of the above; i.e., all of the factors affect wages
Correct Answer:
Verified
Q143: Given a 10 percent increase in wages,
Q144: Marginal productivity theory states that
A)firms in price
Q145: Which of the following can change the
Q146: The elasticity of demand for labor is
Q147: Which of the following statements is true?
A)The
Q149: Given a 10 percent decrease in wages,
Q150: For wage rates to be the same
Q151: As the wage rate rises,
A)the supply of
Q152: Which of the following statements is true?
A)A
Q153: Factor X is used in the production
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