A recent law school graduate is considering two offers to practice law, one in New York and one in Illinois. The New York bar exam is very difficult to pass compared with Illinois's exam. Assuming all other things equal, the attorney would expect
A) to be unable to predict the wage difference between Illinois and New York.
B) to make a lower wage in New York.
C) to make a lower wage in Illinois.
D) wages in Illinois and New York to be identical.
Correct Answer:
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