The reason that unskilled construction workers typically receive higher wages than retail sales clerks is best explained by
A) discrimination.
B) geographic immobility.
C) compensating differences.
D) noncompeting labor groups.
Correct Answer:
Verified
Q240: Given: MRP = marginal revenue product; MRC
Q241: A bilateral monopoly is a situation where
Q242: A bilateral monopoly situation is one where
Q243: The equilibrium wage rate in a bilateral
Q244: According to the U.S. Bureau of Labor
Q246: The lack of job information for workers
Q247: Discrimination that results in minorities being paid
Q248: Why do skilled workers generally earn more
Q249: Geographic immobility in the labor force results
Q250: Equilibrium price differentials for productive resources
A) tend
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