Examlex
Carlos has been sued for the tort of negligence while working at SKS Logistics.He failed to inspect his truck and missed seeing a failure in the brake line that caused him to get in an accident.Which of the following is true?
Wage Disparity
The difference in wages earned by different groups of workers, often due to factors like gender, education, or ethnicity.
Equilibrium Wage
The wage rate at which the quantity of labor supplied equals the quantity of labor demanded in the market.
Efficiency Wage
A higher wage paid by employers to increase productivity by attracting better applicants, reducing turnover, and motivating employees.
Marginal Productivity
The additional output that is produced by adding one more unit of a factor of production, holding other factors constant.
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