20. Working in a slaughterhouse is much riskier and more unpleasant than working in a bookstore. As a result, we'd expect a difference in wages between the two jobs. The difference is known as a. an efficiency wage. b. a compensating differential. c. a wage adjustment. d. a minimum wage.
20. Working in a slaughterhouse is much riskier and more unpleasant than working in a bookstore. As a result, we'd expect a difference in wages between the two jobs. The difference is known as a. an efficiency wage. b. a compensating differential. c. a wage adjustment. d. a minimum wage.
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Chapter11: Resource Markets
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![20. Working in a slaughterhouse is much riskier and more unpleasant than working in a
bookstore. As a result, we'd expect a difference in wages between the two jobs. The
difference is known as
a. an efficiency wage.
b. a compensating differential.
c. a wage adjustment.
d. a minimum wage.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb8af4f9d-0a1a-4345-be63-634429f2bdfa%2F803811ce-aa4b-434e-aede-b47fae72e5c1%2F20fyu4o_processed.png&w=3840&q=75)
Transcribed Image Text:20. Working in a slaughterhouse is much riskier and more unpleasant than working in a
bookstore. As a result, we'd expect a difference in wages between the two jobs. The
difference is known as
a. an efficiency wage.
b. a compensating differential.
c. a wage adjustment.
d. a minimum wage.
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