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Hilmi Roihan Anwar
on Nov 16, 2024

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Job A is hard, dull, and dangerous. Job B is easy, fun, and safe. All else equal, we would expect Job A to pay

A) higher wages than Job B because the labor supplied for Job B will be greater.
B) lower wages than Job B because the labor supplied for Job B will be greater.
C) higher wages than Job B because the labor supplied for Job A will be greater.
D) lower wages than Job B because the labor supplied for Job A will be greater.

Labor Supplied

The sum of hours employees are ready and available to work for a specified pay rate.

  • Understand the significance of compensating differentials in the labor market dynamics.
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AA
Alexander AdkinsNov 17, 2024
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