How is the market-compensating wage differential between safe jobs and risky jobs determined? Which type of job
Question:
How is the market-compensating wage differential between safe jobs and risky jobs determined? Which type of job will offer a higher wage?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The marketcompensating wage differential between safe jobs and risky jobs is determined by various factors in the labor market It reflects the tradeof...View the full answer
Answered By
Antony Sang
I am a research and academic writer whose work is outstanding. I always have my customer's interests at heart. Time is an important factor in our day to day life so I am always time conscious. Plagiarism has never been my thing whatsoever. I give best Research Papers, Computer science and IT papers, Lab reports, Law, programming, Term papers, English and literature, History, Math, Accounting, Business Studies, Finance, Economics, Business Management, Chemistry, Biology, Physics, Anthropology, Sociology, Psychology, Nutrition, Creative Writing, Health Care, Nursing, and Articles.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Suppose a drop in the compensating wage differential between risky jobs and safe jobs has been observed. Two explanations have been put forward: Engineering advances have made it less costly to...
-
Suppose there are 100 workers in the economy in which all workers must choose to work a risky or a safe job. Worker 1's reservation price for accepting the risky job is $1; worker 2's reservation...
-
The following question considers the possibility that employer-provided health insurance reduces job mobilitya phenomenon that has been termed job lock. Job lock prevents workers from transitioning...
-
How much momentum does a car of mass 1 5 0 2 KG have a travels at a consistent speed of 1 4 . 3 m / s?
-
Did GE violate the rules for revenue recognition (pre-2016-change) on the "sale" of its locomotives? Explain.
-
In problem find f (x) and simplify. f(x) = 5x ln x
-
You would expect to find that lessees, in general, are in relatively low income-tax brackets, while lessors tend to be in high tax brackets. The reason for this is that owning tends to provide tax...
-
The adjusted trial balance for Kokomo Furniture Company on November 30, the end of its first month of operation, is as follows: The general ledger reveals the following additional data: a. There were...
-
3 Davenport Inc. has two Products, A and B . Following is the Contribution income statement for the past month: Sales Variable Costs Contribution Margin Comman fixed Costs Profit Margin \ table [ [ 1...
-
Describe how workers and firms marry each other in the labor market when there are many types of jobs offering various levels of risk to their workers.
-
Describe how the firm decides whether to offer a safe working environment or a risky environment.
-
John is single and has $75,000 income from his job at Lawndale Ice Cream Company. He wants to invest $150 a month in an IRA but is not sure which type he qualifies for and whether this would be a...
-
Kotter, as cited in Gorchels (2012), describes the work of leaders and the work of managers. Review the following video Develop New ProductsLinks to an external site. , then in your discussion post,...
-
After this week's lecture on leases and other legal issues in real estate, describe why a buyer of property would want an estoppel agreement signed by the existing landlord and tenant, how an...
-
Explain how a leader could use the three components of organizational change guiding an organizational change?
-
In department and specialty store retailing, a common markup strategy is to double the cost of an item to arrive at the selling price. This strategy is known as keystoning the markup and is widely...
-
Luzent Company produces two types of entry doors: Deluxe and Standard. The assignment basis for support costs has been direct labor dollars. For 2015, Luzent compiled the following data for the two...
-
Kathy Herman opened Kwick Cleaners on March 1, 2010. During March, the following transactions were completed. Mar. 1 Issued 10,000 shares of common stock for $15,000 cash. 1 Purchased used truck for...
-
Before the 1973 oil embargo and subsequent increases in the price of crude oil, gasoline usage in the United States had grown at a seasonally adjusted rate of 0.57 percent per month, with a standard...
-
Blossom Company issues $ 2 9 0 0 0 0 0 0 of 1 0 - year, 9 % bonds on March 1 , 2 0 2 4 at 9 6 plus accrued interest, The bonds are dated January 1 , 2 0 2 4 , and pay interest on June 3 0 and...
-
ABC Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations: A . The budgeted selling price per unit is $ 1 1...
-
Blue Spruce Corp. purchased from its stockholders 6 , 0 0 0 shares of its own previously issued stock for $ 3 0 0 , 0 0 0 . It later resold 1 , 9 0 0 shares for $ 5 3 per share, then 1 , 9 0 0 more...
Study smarter with the SolutionInn App