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7. Critical analysis Q11 Consider two occupations (A and B) in which people have the same...

7. Critical analysis Q11 Consider two occupations (A and B) in which people have the same skills and abilities. When employed, workers in the two occupations work the same number of hours per day. In occupation A, employment is stable throughout the year, while employment in occupation B is characterized by seasonal layoffs.

The annual wage will be lower in occupation ___(A or B)

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Annual wage will be the lowerst in occupation b as in occupation a yearly hours put on by the workers will be more and so the annual earnings will be more while in occupation b hourly wages will be higher so as to compensate them for seasonal layoffs.

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