Everything else equal, wages are likely to be higher when
A) the location of the job is more desirable.
B) the work environment is more prestigious.
C) more skill is required to perform well on the job.
D) the work is safer.

Question

Quizplus · Accepted Answer

Higher wages are often associated with jobs that require more skill, as these positions typically demand specialized knowledge or expertise, which is compensated with higher pay.

Everything Else Equal, Wages Are Likely to Be Higher When