Which of the following workers would be most likely to work fewer hours as a result of a wage increase?
A)Farm worker
B)Surgeon
C)Lifeguard
D)Bartender

Name: Which of the following workers would be most likely to work fewer hours as a result of a wage increase? A)Farm worker B)Surgeon C)Lifeguard D)Bartender
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Question

Quizplus · Accepted Answer

Surgeons, who typically earn high wages, may choose to work fewer hours after a wage increase due to the income effect, where they can maintain their desired income level with less work.

Which of the Following Workers Would Be Most Likely to Work