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Mary Jane Applied for One of Two Openings for an Executive

question 182

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Mary Jane applied for one of two openings for an executive secretary position at QRP,Inc.The job posting showed a starting salary range of $70,000 to $80,000 depending on skills,education,and experience.The job called for a minimum of five years of experience,a bachelor's degree in business,accounting,or communications,the ability to use a wide variety of office equipment,and the ability to use the entire Microsoft Office Suite.She was employed in this exact same job for a different company for seven years,she had an MBA,and taught the entire Microsoft Office Suite at a college in addition to using it on the job.She used Publisher to create the company newsletter.Austin applied for the same job as Mary Jane.He had a bachelor's degree in accounting,five years of experience as an administrative assistant,used the entire Microsoft Office Suite on the job but never taught it and did not create a company newsletter.The company hired Mary Jane at $72,000 per year and Austin at $77,000.Mary Jane was outraged when she discovered the discrepancy in their pay.Which of the following theories addresses the reasons for Mary Jane's reaction?


Definitions:

Marginal Tax Bracket

The tax rate that applies to the last dollar of the taxpayer's income, influencing incremental income earned or deductions.

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his theories on free market economies and the concept of 'invisible hand' guiding supply and demand.

Government Duties

Financial charges imposed by the government on goods, services, or activities, primarily focused on imports and exports.

Marginal Rates

Rates that apply to the next dollar of taxable income; often used in the context of income tax, where different income levels are taxed at different rates.

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