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Figure 13-4
-Figure 13-4 depicts two different labor markets for the same employer.Assuming no discrimination by the employer, the higher wages paid to workers in market A are because there is a smaller supply of workers in market A.
State Directory
A comprehensive listing of government and administrative offices within a specific state, often available online.
20 Days
A specific time period consisting of twenty consecutive days.
Hire Date
The specific date on which an individual officially begins their employment with an organization.
Employee Benefits
Various non-wage compensations provided to employees in addition to their normal salaries or wages. These can include health insurance, retirement plans, and vacation time.
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