If workers' skills are transferable to other jobs, then the wages paid in that market will not affect wages paid in other markets.

Question

Quizplus · Accepted Answer

If workers' skills are transferable to other jobs, the wages paid in one market can affect wages paid in other markets because workers may move between markets in response to wage differences, leading to changes in supply and demand for labor across these markets.

If Workers' Skills Are Transferable to Other Jobs, Then the Wages