FIGURE 14- 5
-Other things being equal,individuals working in relatively risky working conditions generally

Name: FIGURE 14- 5 -Other things being equal,individuals working in relatively risky working conditions generally
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Question

FIGURE 14- 5 
-Other things being equal,individuals working in relatively risky working conditions generally

Quizplus · Accepted Answer

Individuals working in risky conditions often earn higher wages as a compensating differential, which is a premium paid to attract workers to less desirable jobs, due to the reduced supply of individuals willing to take on such risks.