Bloomswood Hotel is situated in Forkland, a picturesque town in the mountain region of a country. Allen Grabos works as
Posted: Fri Jul 01, 2022 7:56 am
Bloomswood Hotel is situated in Forkland, a picturesquetown in the mountain region of a country. Allen Grabos works as agourmet chef at the hotel that caters mostly to tourists. In aconversation with his wife, Delia Grabos, Allen claimsthat he is underpaid. The hotel makes up to $500,000 per yearbut his annual salary is only around $28,000 ayear. Delia, however, is of the opinion that since new hotelsand inns are expected to open in Forkland, the salaries paidto hotel staff in the area should increase.
Which of the following, if true, wouldweaken Allen's claim that he deserves to bebetter compensated?
A.
The total revenue the hotel earned this year was the highest inits history.
B.
Allen's marginal productivity is lower than that of hiscolleagues.
C.
Recent surveys indicate that the lowest-paying jobs in thecountry include most jobs in fast-food joints.
D.
The opportunity cost of working at this hotel is high forAllen.
E.
Allen's neighbor, who runs a department store, earns asmuch as he does.
Which of the following, if true, wouldweaken Allen's claim that he deserves to bebetter compensated?
A.
The total revenue the hotel earned this year was the highest inits history.
B.
Allen's marginal productivity is lower than that of hiscolleagues.
C.
Recent surveys indicate that the lowest-paying jobs in thecountry include most jobs in fast-food joints.
D.
The opportunity cost of working at this hotel is high forAllen.
E.
Allen's neighbor, who runs a department store, earns asmuch as he does.