Solved

A Government Contractor Hires a Worker to Help Build a Road

Question 39

Multiple Choice

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.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions