Which of the Following Statements Is Correct

question 418

Multiple Choice

Which of the following statements is correct?

• A)Compensating wage differentials reflect different skills of workers.
• B)Discrimination by employers affects the marginal productivity of workers.
• C)The signaling theory of education suggests that schooling does not affect worker productivity.
• D)The superstar phenomenon explains why more talented entertainers earn more than less talented entertainers.

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Definitions:

Normal Time

Normal time is a measure of the time required to complete a task or operation under normal working conditions, often used in time and motion studies to set standards and expectations.

Crash Duration

The shortest possible time to complete a task or project phase by allocating maximum resources, often resulting in increased costs.

CPM Network

Critical Path Method Network is a project management tool that identifies key tasks and estimates the shortest completion time for a project by highlighting critical path activities.

Normal Cost

The typical or standard cost of producing a good or service, considering direct labor, materials, and overhead.