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) workers have more- or- less equal skills.
D) working conditions are the same for most jobs.
E) discrimination affects labour- market outcomes.
Correct Answer:
Verified
Q55: A minimum wage is said to be
Q56: Q57: Suppose your firm is a monopsonist hiring Q58: Canadian studies on the effects of minimum- Q59: In collective bargaining between a labour union Q61: The table below shows the competitive Q62: If competitive labour market E discriminates against Q63: Suppose there is a competitive market for Q64: As a seller of labour services, a Q94: The three diagrams below show the supply![]()
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