43 years was the median age for workers in Singapore in 2021. But what other attributes do you ascribe to a hypothetical worker in the job you have chosen?
Think about why you have chosen these attributes. What have you based them on? How do they affect the salary you think the worker should earn?
How about the factors in Part A? What role do they play in allocating wages here?
What other considerations did you have in allocating this wage?
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