A worker is willing to accept a high-risk job if he is paid $100 more than a low-risk job. This implies that _____.
A) the worker is a risk lover
B) the worker's minimum wage is $100
C) the worker is willing to pay a price of $100 for lower risk
D) the worker earns an incentive of $100 per month

Question

Quizplus · Accepted Answer

The worker is willing to accept $100 less for a low-risk job, indicating he values lower risk at $100.

A Worker Is Willing to Accept a High-Risk Job If