Exchange value of a job is its _____
A) job content value.
B) relative job value.
C) internal market value.
D) external market value.

Question

Quizplus · Accepted Answer

The exchange value of a job refers to its external market value, which is the compensation that an employer is willing to pay for the job based on the supply and demand for that particular job in the labor market. The external market value is influenced by factors such as competition, industry standards, and the level of skills and experience required for the job.

Exchange Value of a Job Is Its _____