If a firm reduces the risk in its workplace,then
A) the firm will be able to pay higher wages.
B) the firm will be able to increase profits.
C) the firm will likely pay lower wages to make up for the cost of increased safety.
D) the firm will see a decrease in total costs.

Question

Quizplus · Accepted Answer

Reducing workplace risk often involves costs for safety measures. As a result, firms may pay lower wages because the job is now safer, and workers may accept lower wages for safer working conditions.

If a Firm Reduces the Risk in Its Workplace,then