Which One of the Following Is a True Statement

question 10

Multiple Choice

Which one of the following is a true statement?

• A)Workers can never move from one noncompeting group to another
• B)Wage differentials caused by the existence of noncompeting groups can persist over time
• C)The concept of noncompeting groups applies only to workers in different geographical locations; it does not apply to productivity differences among workers
• D)The concept of noncompeting groups explains why wage rates do not fall in a recession

---

Definitions:

Writing Requirement

A legal requirement that certain kinds of contracts or agreements must be memorialized in written form to be legally binding.

Confirming Memo

A written document that summarizes the terms of an agreement or transaction between parties after an oral agreement has been made.

Writing Requirement

A legal stipulation that certain contracts or agreements must be in writing to be enforceable.

East Tennessee

A geographical region in the southeastern United States, characterized by its distinct cultural and historical identity.