As the owner of a television studio, Kelvin is concerned about the high wages he must pay his employees relative to wages paid by other television studio owners. A consultant has suggested that his location is a contributing factor to these higher wages because he has built his studio in:_______________.

Respuesta :

Answer:

Explained below.

Explanation:

As Kelvin has built his studio in a place, where other studios at that place pay their employees higher wages. So he also have to pay higher wages to his employees. The consultant's suggestion is right that location is one of the factor for increment of the employees wages.

So Kelvin should shift his television studio to a place where other studios at that place pay their employees less wages.

Answer:

a location that has frequent wildfires and floods.

Explanation:

As the owner of a television studio, Kelvin is concerned about the high wages he must pay his employees relative to wages paid by other television studio owners. A consultant has suggested that his location is a contributing factor to these higher wages because he has built his studio in a location that has frequent wildfires and floods.

Employees has to increase wages of their employee because of more severe positive compensating differentials, which is safe workplace.

Compensating differentials: It is a term used in labor economics to show relation of wage rate and risk factor in the job undertaken by labors. Additional wages is paid to employee to motivate employee to do unpleasant work.

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