Which of the Following Statements Is Not Correct

question 224

Multiple Choice

Which of the following statements is not correct?

• A) It is possible that additional education will increase a worker's wage without increasing the worker's productivity.
• B) If discriminating wage differentials persist in competitive markets, it is primarily because either consumers are willing to pay to maintain the discrimination or because government mandates it.
• C) An efficiency wage corresponds to a lower wage that a nondiscriminating employer pays to a worker because a discriminating employer won't hire her.
• D) In competitive markets, workers are paid a wage equal to the value of their marginal product.

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Definitions:

Dividend Yield Ratio

A financial ratio that measures the amount of dividends an investor is expected to receive for each dollar invested in a company's stock, expressed as a percentage.

Market Price

The current price at which an asset or service can be bought or sold in the open market.

Dividends on Common Stock

Payments made to shareholders out of a company's earnings, specifically to the holders of its common stock.

Earnings Per Share

A measure of a company's profitability calculated by dividing net income by the number of outstanding shares.