On the basis of knowledge obtained in his economics class, Ferris is likely to conclude that:
A)if the motel job requires some night shift work, wages are likely to be lower than otherwise
B)if the motel job doesn't require any special skills, the wage offer is likely to be lower than otherwise
C)the job that is likely to be more fun is more likely to have a higher wage
D)all of the above are true

Question

Quizplus · Accepted Answer

This is based on the principle of supply and demand in the labor market. If a job doesn't require any special skills, there are likely to be more people who are qualified for it and thus the employer can offer a lower wage. The other choices are not necessarily true in all cases.

On the Basis of Knowledge Obtained in His Economics Class