Question
1: In the context of compensating differentials, what has the literature regarding UBER drivers found? A: That the drivers are underpaid based on their working
1: In the context of compensating differentials, what has the literature regarding UBER drivers found?
A: That the drivers are underpaid based on their working conditions
B: That the theory of compensating differentials does not application at all
C: That the drivers' preferences are similar to that of cabdrivers engaged in standard jobs
D: That they are willing to accept less favourable working conditions in exchange for higher wages
E: That the drivers are willing to accept lower wages in exchange for flexibility
2: The main point of the perspective of behavioral economics is that:
A: Firms are not necessarily driven by profit maximizing behavior
B: Workers tend to downplay risk regarding the workplace hazards
C: The free market can attain an optimal equilibrium that trades off wages against risk
D: Job safety regulation often fails
E: Workers are not necessarily driven by utility maximizing behaviour
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