Scenario 14.1 In Academia, Professors in Some Disciplines Receive Higher Salaries Than

question 77

Multiple Choice

Scenario 14.1
In academia, professors in some disciplines receive higher salaries than others. For example, professors teaching in business schools receive higher salaries than professors in the English department. Suppose at the University of Lethbridge, assistant professors in the business school earn $80,000 while assistant professors in the English department earn $50,000. Now suppose the government passes comparable worth legislation that requires academic institutions to pay all faculty the same salaries.
-Refer to Scenario 14.1.Following the passage of comparable worth legislation, the University of Lethbridge responds by placing salaries for all assistant professors at $80,000.Which of the following is the result of the legislation?

• A)The supply of English professors increases; the market for business professors is not affected.
• B)The demand for English professors decreases; the market for business professors is not affected.
• C)There will be a surplus in the market for English professors and a shortage in the market for business professors.
• D)There will be a surplus in the market for English professors and the market for business professors will not be affected.

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Definitions:

Retentive Timer

A type of timer in programmable logic controllers (PLCs) that retains its value even when the power is turned off or when the device is in an idle state.

Retentive Timers

Timers that retain their value even after the controlling input is turned off, allowing them to resume timing from the same point when reactivated.

Accumulated Time

The total time that has been recorded or tallied up, often used in contexts where time durations are important, such as in timers or monitoring systems.

Timer Tag Name

An identifier used in programming and automation that refers to a specific timer, tracking its duration or status within a control system.