The fact that workers receive different wages is likely caused by:
A)government regulation that restricts the free movement of wages
B)the fact that some firms make more money than others
C)conditions of supply and demand in different labour markets
D)stronger unions in some industries

Question

Quizplus · Accepted Answer

Wages are ultimately determined by supply and demand in different labor markets. Some industries may have more demand for their workers, leading to higher wages, while others may have an oversupply, leading to lower wages. The other options (A, B, and D) may also play a role in shaping wage differences, but they are not the primary drivers.

The Fact That Workers Receive Different Wages Is Likely Caused