As an Employee at a Convenience Store,Jorge Is Content to Stay

question 1

Multiple Choice

As an employee at a convenience store,Jorge is content to stay with his employer because his wage is 50 percent higher than the market rate.What economic theory could justify his employer's willingness to pay above the market rate?

• A) samaritan's dilemma
• B) winner-take-all
• C) human capital
• D) compensating differential
• E) efficiency wage

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