Bill and Hillary Both Work for the Same Bakery

question 162

Multiple Choice

Bill and Hillary both work for the same bakery.Bill is an expert pastry chef who begins baking at 4a.m.Hillary is a bookkeeper who works a regular 9-5 work day.Bill earns twice as much as Hillary.Which of the following could explain the higher wages that Bill earns?

• A) The employer is discriminating against women.
• B) The employer is paying a compensating differential for a job that starts very early in the morning.
• C) The employer is rewarding Bill for acquiring the human capital of a pastry chef.
• D) All of the above could be correct.

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Definitions:

Horse Stable Inc.

A hypothetical or specific company involved in maintaining buildings or establishments for the care, feeding, and training of horses.

Fully Integrated

A term indicating that all components of a system, process, or agreement are completely unified and functioning as a single entity.

Buyers Store

A retail or online establishment where consumers purchase goods, often referring specifically to the entity in the context of a supply chain or distribution channel.

Usage of Trade

Established practices and patterns of behavior commonly observed and accepted in a particular industry.