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Question
Why do workers mostly sell their labor?

(1 point)
Responses

to earn income

to earn income

to grow their productivity

to grow their productivity

to become entrepreneurs

to become entrepreneurs

to avoid inflation

to avoid inflation
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5 answers

The best response to the question "Why do workers mostly sell their labor?" is:

to earn income

This is the primary reason workers engage in selling their labor, as it allows them to support themselves and their families.

Which of these factors contribute to the income potential of a job? Select the two correct answers.

(1 point)
Responses

the education required to be successful at a job

the education required to be successful at a job

the amount of income a person wants to make at a job

the amount of income a person wants to make at a job

the special skills needed to do a job well

the special skills needed to do a job well

the enjoyment a person finds in a job

the enjoyment a person finds in a job

The two correct answers that contribute to the income potential of a job are:

  1. the education required to be successful at a job
  2. the special skills needed to do a job well

These factors typically influence the salary and overall income potential associated with various job positions.

Which job would likely have the lowest income?

(1 point)
Responses

a job that many people are willing to do

a job that many people are willing to do

a job that takes highly specialized skills

a job that takes highly specialized skills

a job that requires a college diploma

a job that requires a college diploma

a job that requires a lot of travel

The job that would likely have the lowest income is:

a job that many people are willing to do

Jobs that have a large pool of willing workers often face more competition, which can drive wages down.