Distributing Goods and Services Quick Check

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Question
Why do workers mostly sell their labor?

(1 point)
Responses

to earn income

to earn income

to grow their productivity

to grow their productivity

to become entrepreneurs

to become entrepreneurs

to avoid inflation

to avoid inflation
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There is a duplication of options in this question. Therefore, the correct answer is to earn income.

Which of these factors contribute to the income potential of a job? Select the two correct answers.

(1 point)
Responses

the education required to be successful at a job

the education required to be successful at a job

the amount of income a person wants to make at a job

the amount of income a person wants to make at a job

the special skills needed to do a job well

the special skills needed to do a job well

the enjoyment a person finds in a job

the enjoyment a person finds in a job

The correct answers are:

1) the education required to be successful at a job
2) the special skills needed to do a job well

Which job would likely have the lowest income?

(1 point)
Responses

a job that many people are willing to do

a job that many people are willing to do

a job that takes highly specialized skills

a job that takes highly specialized skills

a job that requires a college diploma

a job that requires a college diploma

a job that requires a lot of travel

The job that many people are willing to do is likely to have the lowest income.

To find the answer to this question, we can analyze the options provided.

The first option states that workers mostly sell their labor to earn income. This is a widely accepted reason for why individuals choose to sell their labor. By selling their skills or services, workers can earn a wage or salary that enables them to support themselves and their families.

The second option, to grow their productivity, is not necessarily a direct reason why workers sell their labor. While it is true that working can help individuals develop new skills and improve their productivity, the primary motive for selling labor is usually to earn income rather than solely to increase productivity.

The third option, to become entrepreneurs, is not the main reason why workers sell their labor. Becoming an entrepreneur typically involves starting a business or taking on different roles beyond just selling labor. While some workers may aspire to become entrepreneurs, it is not the primary motivation for selling labor.

The fourth option, to avoid inflation, is not a direct reason why workers sell their labor either. Inflation typically affects the general price level of goods and services, not the decision to sell labor itself.

Based on the analysis, the most accurate answer is that workers mostly sell their labor to earn income.