For Wage Rates to Be the Same in Various Labor

question 141

Multiple Choice

For wage rates to be the same in various labor markets, four conditions must exist: (1) demand for every type of labor must be __________; (2) no special __________ aspects to any job; (3) all labor is ultimately __________ and can __________ be trained for different types of employment; and (4) all labor is mobile at __________.

• A)heterogeneous; money; homogeneous; costlessly; minimum cost
• B)the same; nonpecuniary; homogeneous; costlessly; zero cost
• C)high; training; homogeneous; costlessly; zero cost
• D)high; nonpecuniary; heterogeneous; costlessly; minimum cost
• E)none of the above

---

Definitions:

Tectonic Setting

The geological and geographic location in relation to the movements and boundaries of Earth's tectonic plates.

Transform Fault

A type of strike-slip fault where two tectonic plates slide past each other horizontally, commonly found at the boundary between oceanic plates.

Tohuku Earthquake

A devastating magnitude 9.0 earthquake that struck off the coast of Japan in 2011, causing a massive tsunami and nuclear disaster.

Construction Practices

Methods and processes used in the planning, design, and execution of building projects to ensure safety, efficiency, and durability.