Which of the following is the most important source of differences in the wages paid to workers?

Question

Quizplus · Accepted Answer

Productivity per hour is the most important source of differences in wages paid to workers. Workers who are more productive are usually able to demand higher wages due to their contribution to a company's profits. Unionization can also lead to higher wages, but it is typically only a factor in certain industries. The size of the labor force and discrimination can affect wages, but they are not as significant as productivity per hour.

Which of the Following Is the Most Important Source of Differences