Suppose that welders working on offshore oil rigs earn 25% more than welders working on land-based oil rigs.The difference in earnings is best explained by

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The difference in earnings between welders working on offshore oil rigs and those working on land-based oil rigs is best explained by differences in working conditions. Working on offshore oil rigs is often associated with more challenging and dangerous working conditions, such as working in harsh weather conditions, living in close quarters with coworkers, and being away from home for extended periods of time. These challenging working conditions may lead to higher wages and compensation as a way to attract and retain skilled workers for these types of jobs.

Suppose That Welders Working on Offshore Oil Rigs Earn 25