Solved

Consider the Labor Market for Domestic Market Personal Trainers

Question 168

Essay

Consider the labor market for domestic market personal trainers.Graph and explain how the following events would affect the labor supply curve for these workers.
a.Many personal trainers are qualified to coach various athletic teams.The pay for these coaching positions is far superior to what they can earn as personal trainers.
b.Most personal trainers used to be men.Now,more women are hired as personal trainers.
c.A neighboring country is looking to build its Olympic program to make the national team more competitive.As such,the government is providing very lucrative offers to personal trainers who move to that country to train potential Olympic athletes.

Correct Answer:

verifed

Verified

a.There is an incentive to switch profes...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents