All of the Following Are Possible Explanations for the Fact

question 41

Multiple Choice

All of the following are possible explanations for the fact that on average women earn lower wages than men in the United States except:

• A) women choose to work in low-wage industries.
• B) women are more productive than men on average.
• C) women enter and leave the labor force more frequently than men, causing them on average to have less experience and a lower productivity than men.
• D) women are discriminated against in labor markets.

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Definitions:

Work in Process

Inventory that includes the materials, labor, and overhead costs for products that are in the production process but not yet completed.

Journal Entries

Records in accounting that document financial transactions in the books of accounts.

Raw Materials

Raw materials are the basic substances or components used in the manufacturing process to produce finished goods.

Work in Process

Inventory that represents partially finished goods, which are still undergoing manufacturing processes.