If each of the following jobs paid the same wage, which one would we expect most people to pick if given the choice?
A) A job that requires large amounts of human capital but is dangerous
B) A job that requires few skills and has a large amount of nonmonetary benefits
C) A job that requires excellent skills and has a small amount of nonmonetary benefits
D) A job with very poor working conditions
E) A job that requires little human capital but is dangerous

Question

Quizplus · Accepted Answer

Most people would choose a job that has few skills required but offers a large amount of nonmonetary benefits, such as flexible hours, good working conditions, or job security. This is because these types of benefits can greatly improve an individual's quality of life and overall job satisfaction, which can outweigh the monetary compensation. Additionally, since the job requires few skills, it may be easier to obtain and perform, making it more appealing to a larger group of people.

If Each of the Following Jobs Paid the Same Wage