Russell learned in his economics class that income depends primarily on productivity.He took a summer job in construction, and worked very hard as a manual labourer for one month at $8 per hour.His hard work and reliability led the foreman to give Russell a new responsibility - operating a steel roller at $15 per hour.The new job required much less effort than the old job, and left Russell wondering why his income had increased when his effort had gone down.How can you explain this situation to Russell?

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The Answer of Russell learned in his economics class that income depends primarily on productivity.He took a summer job in construction, and worked very hard as a manual labourer for one month at $8 per hour.His hard work and reliability led the foreman to give Russell a new responsibility - operating a steel roller at $15 per hour.The new job required much less effort than the old job, and left Russell wondering why his income had increased when his effort had gone down.How can you explain this situation to Russell?

Russell Learned in His Economics Class That Income Depends Primarily