A Competitive Market May Be Consistent with a Discriminatory Wage

question 371

Multiple Choice

A competitive market may be consistent with a discriminatory wage differential if

• A)firms' customers have discriminatory preferences.
• B)the wage differential is explained by a compensating differential.
• C)the wage differential is explained by differences in human capital.
• D)All of the above are correct.

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Definitions:

Unconditionally Accepting

Offering acceptance to individuals without imposing any prerequisites or conditions.

Confrontive

Pertaining to approaches or techniques in therapy that involve challenging a client's beliefs or behaviors directly.

Reality Therapy

A form of counseling that focuses on helping individuals take responsibility for improving their own lives by making better choices.

Responsible Catharsis

The process of releasing and thereby providing relief from strong or repressed emotions in a controlled and conscious manner.