The major reason that presidents of major corporations receive an average salary of over $1 million a year and truck drivers receive an average salary of about $55,000 a year can best be explained by:
A) discrimination.
B) lack of job information.
C) compensating differences.
D) noncompeting labor groups.
Correct Answer:
Verified
Q119: Q120: Q121: Which action taken by a worker would Q123: What reason for wage differentials would best Q126: The marginal revenue product curve for an Q127: The lack of job information for workers Q128: The greater relative scarcity of heart surgeons Q252: A college graduate who works at a Q256: Other things being equal, the wages of Q266: According to proponents of human capital theory,![]()
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents