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One of the main conclusions of the hedonic wage theory is that: Group of answer choices The labor market matches workers who dislike risk with
One of the main conclusions of the "hedonic wage theory" is that: Group of answer choices The labor market matches workers who dislike risk with firms that find it difficult (i.e., relatively costly) to provide a safe environment; and workers who do not mind risk very much with firms that find it easy (i.e., relatively inexpensive) to provide a safe environment. Workers are willing to accept a higher rate of risk of injury on the job when they are paid lower wages. firms would always prefer to pay higher wages rather than incur other costs to make their work environments safer for their workers. workers are never willing to accept any risk of injury on the job. The labor market matches workers who dislike risk with firms that find it easy (i.e., relatively inexpensive) to provide a safe environment; and workers who do not mind risk very much with firms that find it difficult (i.e., relatively costly) to provide a safe environment
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