Based on salary, Chief Executive Officer represents the lowest supply of able workers.
The quantity of people that businesses are willing and able to hire at various wages is represented by a labor demand curve. In general, a business will only hire a worker if the extra income it receives from doing so outweighs the extra expense. Simply said, it makes no sense to hire someone for $10 per hour if they can only make an additional $5 per hour. The additional output a worker delivers to the company and the price of that output are both factors that affect the additional income a worker brings to the company.
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