Sam was offered a new job that pays 20% more than his current job. He decided to reject the offer because he prefers the convenience of working from home in his current job. This is an example of:     Compensating Wage Differentials     Occupational Wage Structure     Equalizing Differences     Personal Characteristics      Union Regulations

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter19: Earnings And Discrimination
Section: Chapter Questions
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Sam was offered a new job that pays 20% more than his current job. He decided to reject the offer because he prefers the convenience of working from home in his current job. This is an example of:

   

Compensating Wage Differentials

   

Occupational Wage Structure

   

Equalizing Differences

   

Personal Characteristics 

   

Union Regulations

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