Asked by
Alexandra Manjarrez
on Dec 12, 2024Verified
The wages of house painters will tend to rise when
A) more people recognize that house painters have very low incomes.
B) the alternative earning opportunities of house painters improve.
C) house painters can no longer find good paying alternatives for their labor.
D) unemployment in the economy is high and there are few alternative jobs available for house painters.
House Painters
Professionals specializing in applying paint and other finishes to buildings primarily for protection and aesthetic purposes.
Earning Opportunities
Potential situations or activities through which an individual or business can generate income or profits.
Alternative Jobs
Employment opportunities that differ from mainstream or traditional career paths, often considered by individuals seeking flexibility or alignment with personal interests and values.
- Recognize how opportunity costs influence individual and business decisions.
Verified Answer
GA
Learning Objectives
- Recognize how opportunity costs influence individual and business decisions.