The Solar Radiation Spectrum Peaks at a Wavelength of Approximately

question 6

Multiple Choice

The solar radiation spectrum peaks at a wavelength of approximately 500 nm.Calculate the energy of one photon of that radiation (c = 3.00 × 10⁸ m/s; h = 6.63 × 10^-34 J • s) .

• A)4 × 10^-10 J
• B)6 × 10¹⁴ J
• C)1 × 10^-27 J
• D)2 × 10^-25 J
• E)4 × 10^-19 J

Identify instances and rationalize why wage disparities occur according to the marginal productivity theory.

Interpret the implications of diminishing returns on the distribution of income among workers.

Recognize varying interpretations and critiques of the marginal productivity theory of income distribution.

Distinguish between compensating differentials and efficiency wages in the context of wage disparities.

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