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Why do some footballer earn huge salaries?

A disadvantage of specialisation is that

Workers - IGCSE Economics

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Questions 10

Answers

1
A disadvantage of specialisation is that
Workers become more motivated
Workers become more skilled and productive
Quality of the products increase
production becomes more dependent upon particular worker
2
Why do some footballer earn huge salaries?
Football is a high risk occupation
Some footballers possess a unique set of skills
The working life of a footballer is long
Takes a long time to train a top footballer
3
Piece rates are a method of payment to workers based on
The output they produce
How many hours they work
The output they sell
When they work
4
Why might workers choose to work in the public sector?
More opportunities to earn bonuses
Higher earning potential
Better promotion prospects
Better pension and job security
5
What would increase a women's choice of occupation?
An increase in transport costs
An increase in housing costs
An increase in gender discrimination
An increase in her qualifications
6
What is a non wage factor that may influence a persons choice of occupation?
Bonuses
Overtime Payments
Salary
Fringe Benefits
7
Minimum wages can lead to
Excess demand for products
Excess demand for labour
Excess supply of products
Excess supply of labour
8
Commission is a payment method based on
The output they deliver
The output they eat
The ouput they produce
The out put they sell
9
What causes an increase in the demand for labour
Decrease in economic growth
Decrease in consumer confidence
Increase productivity
Increase in cost of education
10
Which factor causes an increase in the supply of labour?
An decrease in income tax
A increase in transport costs
An decrease in migration
An increase in wages