One possible reason for wage differentials is that
A) there are competitive forces operating in labour markets.
B) there is only a single national labour market.
C) working conditions are the same for most jobs.
D) workers have more- or- less equal skills.
E) discrimination affects labour- market outcomes.
Correct Answer:
Verified
Q46: FIGURE 14- 5 Q47: In the 1950s and 1960s,Arvida,Quebec,was basically a Q48: A typical firm hiring in a perfectly Q49: Suppose your firm is a monopsonist hiring Q50: Consider a monopsonistic labour market.Ten units of Q52: The table below shows the labour Q53: The diagram below shows the supply and Q55: The union wage premium refers to the Q56: Consider a small,remote town with only one Q83: The three diagrams below show the supply
A)wage
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents