Which of the following is the most important source of differences in the wages paid to workers?

Question

Quizplus · Accepted Answer

Productivity per hour is the most important source of differences in wages. Workers who are more productive and efficient are able to generate more revenue for their employers, which justifies a higher wage. Unionization, labor force size, and discrimination may also have an impact on wages, but they are not as significant as productivity.

Which of the Following Is the Most Important Source of Differences