Students in high school are generally paid the minimum wage.What is one explanation for this?
A) Employers discriminate against young workers.
B) High school students are lazy.
C) Individuals who work while in high school have a very low MRP.
D) High school students have high turnover rates,so firms invest less in their training.
E) Young individuals are not qualified to effectively negotiate their wages.
Correct Answer:
Verified
Q12: Which of the following is not true
Q13: For training,a worker's starting wage depends on
Q14: For training,workers receive their MRPs during the
Q15: Suppose labor is perfectly competitive and there
Q16: If the training is firm specific,who will
Q18: A worker's wage increases over the course
Q19: What is the hold up problem?
A) The
Q20: The cost sharing arrangement is when:
A) a
Q21: The hold up problem arises
A) if firms
Q22: Fewer women are taking time off to
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