Using a compensating differential wage theory, why do some individuals earn more than others?
A) Workers who earn more are more productive.
B) Workers need to earn more to be willing to accept dangerous working conditions.
C) Workers need to earn more to be willing to accept a safe indoor job.
D) Workers who are more educated and better trained are able to earn more than the equilibrium wage.
E) Workers who earn more tend to be concentrated in a single occupation.
Correct Answer:
Verified
Q1: If Nicole is more educated and better
Q2: Why might I expect a job as
Q5: What theory would lead you to be
Q7: Nicole, a woman, is more educated and
Q10: Some employers are willing to provide job
Q10: An employee gains work experience by staying
Q11: As the mayor of a local town,
Q16: What theory would justify a job advertisement
Q17: What theory would suggest that learning material
Q20: Late-night employees working in a 24-hour store
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