Some Workers Have Lower Wages Than Others Because

question 136

Multiple Choice

Some workers have lower wages than others because:

• A) they have more human capital labor market issues.
• B) they have more access to physical capital.
• C) they work harder than others.
• D) there are variations in the difficulty of the work.

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Definitions:

Consumer Income

The total earnings of consumers, affecting their ability to purchase goods and services.

Lawn Mowers

Machines or devices that are used to cut a grass surface to an even height, powered manually or by an engine.

Demand

The quantity of a specific good or service that consumers are willing and able to purchase at various prices during a certain period of time.

Supply

The total amount of a specific good or service that is available to consumers at a given time and price.