An offer curve is made up of
A) the various wages one company is willing to pay at different levels of risk.
B) the various wages one worker is willing to accept at various levels of risk.
C) the wages paid by various companies at various risk levels.
D) the wages paid by various companies and potentially accepted by various workers at different risk levels.

Question

Quizplus · Accepted Answer

An offer curve is a graphical representation of the wages paid by various companies and potentially accepted by various workers at different levels of risk. It shows the relationship between the wage offered and the level of risk associated with the job. Therefore, option D is the correct answer. Options A and B are incorrect as they only consider one side of the market (either the employer or the employee) and do not show the interactions between the two. Option C is also incorrect as it does not consider the potential acceptance of different workers at different risk levels.

An Offer Curve Is Made Up of