Business, 22.04.2020 04:50 clickbaitdxl

Consider the supply-and-demand framework for risky jobs. The technological progress over the course of the 20th century led to two developments: (1) It became easier for firms to offer a safe work environment; and (2) the wealth of workers rose. How would this affect the equilibrium relative wage of risky jobs LaTeX: \frac{w_{RISKY}}{w_{SAFE}}w R I S K Y w S A F Eand the relative number of individuals employed in risky jobs, LaTeX: \frac{N_{RISKY}}{N_{SAFE}}N R I S K Y N S A F E?

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Consider the supply-and-demand framework for risky jobs. The technological progress over the course...