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BrendanOO7 BrendanOO7
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6 years ago
A government contractor hires a worker to help build a road for an annual wage of $50,000. The worker's annual output is worth $60,000. If the worker did not have this job, the worker would have produced $40,000 a year in an alternative job and would have been paid $30,000 a year. The real cost of using this worker to build the road is
A) $30,000.
B) $40,000.
C) $50,000.
D) $60,000.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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alanialani
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