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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