Late-Night Employees Working in a 24-Hour Store Often Earn More

question 56

Multiple Choice

Late-night employees working in a 24-hour store often earn more than similar employees who work the day shift.What explains this difference in pay?

• A) life-cycle wage pattern
• B) human capital theory
• C) occupational crowding
• D) negative compensating differential
• E) positive compensating differential

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Definitions:

Vicarious Experiences

Learning or emotional experiences gained through observing the actions and outcomes of others rather than through direct personal experience.

Bandura

Refers to Albert Bandura, a psychologist known for his work on social learning theory, which emphasizes the role of observation and imitation in the acquisition of new behaviors.

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