Author Question: Compensating wage differentials arise because: a. workers possess different skills. b. workers ... (Read 107 times)

lak

  • Hero Member
  • *****
  • Posts: 546
Compensating wage differentials arise because:
 a. workers possess different skills.
  b. workers prefer the characteristics of some to those of others.
  c. firms pay higher wages for workers with higher marginal productivities.
  d. firms discriminate in hiring.

Question 2

An example of moral hazard is
 a. A taxi driver paid per mile taking the shortest route
  b. a piece-rate garment worker shirking more than a per jour worker
  c. an hourly salesman working harder than a commission salesman
  d. an author on contract going to fewer book signings as one with a percentage royalty rate



Leostella20

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

b

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

For a complete list of videos, visit our video library