Curly just graduated from State U and has three job offers: teaching at a prestigious private high school nine months a year with summers off, working forty hours a week at a bank in a small city, and working more than sixty hours a week for a high-powered investment firm in New York. Suppose all of the jobs currently offer exactly the same annual salary, and that most people prefer leisure to work, all else equal. In order to attract workers, the ________ would have to offer a ________ salary than the others.

Question

Quizplus · Accepted Answer

At the same wage, there would be a shortage of workers at the investment firm because that job has the longest work hours.

Curly Just Graduated from State U and Has Three Job