The supply curve of labor to risky jobs reveals.
A)how many workers are willing to offer their labor to the risky job as a function of the wage differential between the risky job and the safe job.
B)how many workers are willing to offer their labor to the risky job as a function of the wage paid to workers of the risky job.
C)how many workers are willing to offer their labor to the safe job as a function of the wage paid to workers of the risky job.
D)the number of workers who dislike risky jobs.
E)the fraction of workers who dislike risky jobs.

Question

Quizplus · Accepted Answer

The supply curve of labor to risky jobs shows the relationship between the quantity of labor supplied by workers to risky jobs and the wage differential between the risky job and a safe job. This curve reflects the trade-off between the potential higher earnings of a risky job and the greater risk of injury or death associated with it. As the wage differential increases, more workers become willing to offer their labor to the risky job. Therefore, option A is the correct answer.

The Supply Curve of Labor to Risky Jobs Reveals