Which of the following is a reason why a particular job may pay a higher-than-average wage rate?
A)low educational requirements
B)high fringe benefits
C)free parking
D)high risk
E)low skill requirement

Question

Quizplus · Accepted Answer

A job may pay a higher-than-average wage rate if it has a high level of risk involved, such as jobs in construction or mining. These jobs often require specialized skills and knowledge and involve a higher risk of injury or danger, which justifies a higher wage rate. Options A and E are incorrect because low educational or skill requirements typically result in lower wages. Option B is incorrect because although high fringe benefits may add to the overall compensation package, they do not necessarily result in a higher wage rate. Option C is incorrect because free parking is not a factor that affects wage rates.

Which of the Following Is a Reason Why a Particular