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A night shift cashier getting paid more than day shift cashiers is due to a. compensating wage differentials O b. discrimination in the job market O c. differences in human capital O d. glass ceiling in the job market What is the type of relationship between social inequality and social surplus? O a. Social inequality increases as social surplus increases. O b. Social inequality decreases as social surplus increases. Oc At first, social inequality increase as social surplus increases. But later the relationship reverses. O d. At first, social inequality decrease as social surplus increases. But later the relationship reverses. Compared to a perfectly competitive industry, in a monopoly. O a. both consumer surplus and social surplus are larger O b. consumer surplus is lower but social surplus is larger Ос both consumer surplus and social surplus are smaller O d. consumer surplus is higher but social surplus is smaller

A night shift cashier getting paid more than day shift cashiers is due to a. compensating wage differentials O b. discrimination in the job market O c. differences in human capital O d. glass ceiling in the job market What is the type of relationship between social inequality and social surplus? O a. Social inequality increases as social surplus increases. O b. Social inequality decreases as social surplus increases. Oc At first, social inequality increase as social surplus increases. But later the relationship reverses. O d. At first, social inequality decrease as social surplus increases. But later the relationship reverses. Compared to a perfectly competitive industry, in a monopoly. O a. both consumer surplus and social surplus are larger O b. consumer surplus is lower but social surplus is larger Ос both consumer surplus and social surplus are smaller O d. consumer surplus is higher but social surplus is smaller

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A night shift cashier getting paid more than day shift cashiers is due to a. compensating wage differentials O b. discrimination in the job market O c. differences in human capital O d. glass ceiling in the job market What is the type of relationship between social inequality and social surplus? O a. Social inequality increases as social surplus increases. O b. Social inequality decreases as social surplus increases. O c. At first, social inequality increase as social surplus increases. But later the relationship reverses. O d. At first, social inequality decrease as social surplus increases. But later the relationship reverses. Compared to a perfectly competitive industry, in a monopoly. a. both consumer surplus and social surplus are larger O b. consumer surplus is lower but social surplus is larger OC. both consumer surplus and social surplus are smaller O d. consumer surplus is higher but social surplus is smaller
Transcribed Image Text:A night shift cashier getting paid more than day shift cashiers is due to a. compensating wage differentials O b. discrimination in the job market O c. differences in human capital O d. glass ceiling in the job market What is the type of relationship between social inequality and social surplus? O a. Social inequality increases as social surplus increases. O b. Social inequality decreases as social surplus increases. O c. At first, social inequality increase as social surplus increases. But later the relationship reverses. O d. At first, social inequality decrease as social surplus increases. But later the relationship reverses. Compared to a perfectly competitive industry, in a monopoly. a. both consumer surplus and social surplus are larger O b. consumer surplus is lower but social surplus is larger OC. both consumer surplus and social surplus are smaller O d. consumer surplus is higher but social surplus is smaller
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