Assume that a comparable worth law is passed that determines that kindergarten teachers and bricklayers have comparable jobs; therefore, workers in both of these occupations should be paid the same wages.Assume that prior to the law, bricklayers were paid a higher wage than kindergarten teachers.Which of the following is the most likely result of the comparable worth law?
A)The equilibrium wage will be the same for kindergarten teachers and bricklayers.
B)Some former bricklayers will become kindergarten teachers and some former kindergarten teachers will become bricklayers.
C)There will be a shortage in the market for bricklayers and a surplus in the market for kindergarten teachers.
D)There will be surplus in the market for bricklayers and a shortage in the market for kindergarten teachers.

Question

Quizplus · Accepted Answer

The law would likely increase wages for kindergarten teachers and decrease wages for bricklayers. This could lead to a shortage of bricklayers, as fewer people would be willing to work for the lower wage, and a surplus of kindergarten teachers, as more people would be attracted to the higher wage.

Assume That a Comparable Worth Law Is Passed That Determines