Each of the following,except one,can explain why a given job pays a compensating wage differential.Which is the exception?
A)The job requires costly training.
B)The job is dangerous.
C)The job is in a city with a high cost of living.
D)The job requires a very high level of physical exertion.
E)An increase in product demand raises the demand for labor in this job.

Question

Quizplus · Accepted Answer

A compensating wage differential is an additional amount of income that a worker receives to compensate for some undesirable aspect of a job. Options A, B, C, and D involve factors that might require compensation, such as training costs, danger, high living costs, or physical exertion. However, option E, an increase in product demand, is related to market conditions rather than compensating for job characteristics.

Each of the Following,except One,can Explain Why a Given Job