Banking Marketing Aptitude Economics Question Bank Economics

  • question_answer Which of the following statement is correct?                                                            [SSC LDC 2014]

    A) Most workers will work for less than their reservation wage

    B)                   The reservation wage is the maximum amount any firm will pay for a worker

    C)                   Economic rent is the difference between the market wages

    D)                   Economic rent is the amount one must pay to enter a desirable labor market    

    Correct Answer: C

    Solution :

    Not Available


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