Author Question: Comparable worth advocates have proposed that employers be required by law to pay wage rates equal ... (Read 74 times)

mcmcdaniel · **on:** Jun 29, 2018

Comparable worth advocates have proposed that employers be required by law to pay wage rates equal to the value of the job. The most telling objection to this proposal is that

A) employers will probably resist strenuously and successfully.
B) it is in the interest of employers to adjust their hiring so as to make the value of the job equal to the wage rate that must be paid.
C) the government has no legal authority to set wage rates in the private sector.
D) this would leave little or nothing for profits.

Question 2

A negative externality

A) occurs under any undesirable event.
B) occurs when an action doesn't take into account the costs it imposes on others.
C) can be a natural phenomenon, such as being struck dead by a bolt of lightening.
D) cannot occur at the same time as a positive externality.