Use the Figure Below to Answer the Following Question

question 59

Multiple Choice

Use the figure below to answer the following question.

Figure 19.3.3
-Refer to Figure 19.3.3. At any given level of employment for high-skilled and low-skilled workers, the vertical distance between the two supply curves

• A)disappears if there is free entry into the skill market.
• B)disappears if there is equal pay for work of equal value.
• C)is created by discrimination against low-skilled workers.
• D)is the compensation required for the cost of acquiring human capital.
• E)equals the value of marginal product of skill.

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Definitions:

Job Satisfaction

The extent to which individuals feel content, fulfilled, and positive about their job and work environment.

Motivator Factor

Elements of a job that can lead to job satisfaction, according to Herzberg's two-factor theory, such as recognition, achievement, and personal growth.

Two-factor Theory

A theory in psychology proposed by Herzberg that identifies factors affecting workplace motivation, distinguishing between 'hygiene' factors and 'motivators'.

Job Context

Refers to the conditions, environment, and aspects under which a job is performed, including physical and social factors.