A Competitive Market May Be Consistent with a Discriminatory Wage

question 371

Multiple Choice

A competitive market may be consistent with a discriminatory wage differential if

• A)firms' customers have discriminatory preferences.
• B)the wage differential is explained by a compensating differential.
• C)the wage differential is explained by differences in human capital.
• D)All of the above are correct.

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Definitions:

Homicide

The act of killing one human being by another, whether lawful or unlawful.

Accidental Injuries

Unplanned injuries resulting from unexpected events, often leading to harm or damage.

Homicide

The intentional and illegal act of one individual causing the death of another.

High-Fat Diet

A diet that comprises a higher percentage of calories from fats compared to carbohydrates and proteins, often associated with various health risks.