Which of the following statement is correct? [SSC LDC 2014] – McqOptions

MCQOPTIONS

1.	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
Answer» D. Economic rent is the amount one must pay to enter a desirable labor market

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