Which of the Following Is Not an Example of a Market

question 200

Multiple Choice

Which of the following is not an example of a market imperfection that might explain persistent wage differentials within an occupation?

• A) geographic immobility of workers
• B) discrimination
• C) noncompeting groups
• D) poor information about job opportunities and pay

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Definitions:

Dividend Payout Ratio

A financial ratio that measures the proportion of earnings a company pays out to its shareholders in the form of dividends.

Payout Ratio

The proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company's total net income.

Cost Of Goods Sold

Costs that are directly incurred in the process of producing goods for sale by a company, such as labor and material expenses.