When there are more workers available than jobs, the market can get some of them to work for ______. a. extra benefits b. less than the normal rate c. product market competition d. more than the normal rate e. fewer breaks

When there are more workers available than jobs, the market can get some of them to work for ______. a. extra benefits b. less than the normal rate c. product market competition d. more than the normal rate e. fewer breaks

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

When there are more workers available than jobs, the market can get some of them to work for ______.

a. extra benefits

b. less than the normal rate

c. product market competition

d. more than the normal rate

e. fewer breaks

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