The figures given below show the demand (D)and supply (S) curves of labor in two different markets. Figure 16.3 Wage Rate 18 12 Market A S Q₁ Quantity (Hours) Wage Rate D 18 12 Market B Q₁ D Quantity (Hours) Which of the following is a reason for the wage differential shown in Figure 16.3? S O Market A represents the market for a risky occupation. O Working conditions offered by the firms in Market B are uncongenial. O The workers in Market B are unionized whereas the workers in Market A are not. Market B hires a larger number of skilled workers than Market A. O The workers in Market B are more productive than the workers in Market A
The figures given below show the demand (D)and supply (S) curves of labor in two different markets. Figure 16.3 Wage Rate 18 12 Market A S Q₁ Quantity (Hours) Wage Rate D 18 12 Market B Q₁ D Quantity (Hours) Which of the following is a reason for the wage differential shown in Figure 16.3? S O Market A represents the market for a risky occupation. O Working conditions offered by the firms in Market B are uncongenial. O The workers in Market B are unionized whereas the workers in Market A are not. Market B hires a larger number of skilled workers than Market A. O The workers in Market B are more productive than the workers in Market A
Chapter1: Making Economics Decisions
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![S
n
abus
tions
Dashboard
or Education
The figures given below show the demand (D)and supply (S) curves of labor in two different markets.
Figure 16.3
Wage Rate
18
12
Market A
S
Q₁ Quantity (Hours)
Wage Rate
27
D
18
12
#tv
Market B
Q₁
D
Which of the following is a reason for the wage differential shown in Figure 16.3?
Quantity (Hours)
O Market A represents the market for a risky occupation.
O Working conditions offered by the firms in Market B are uncongenial.
O The workers in Market B are unionized whereas the workers in Market A are not.
O Market B hires a larger number of skilled workers than Market A.
O The workers in Market B are more productive than the workers in Market A.
AQ
Daydreamer
Aa](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2eba8596-288f-4bc6-91fd-ef13249e53b3%2F49f61eac-8d40-4ddb-a11f-eb0994a7630d%2F9g1ny9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:S
n
abus
tions
Dashboard
or Education
The figures given below show the demand (D)and supply (S) curves of labor in two different markets.
Figure 16.3
Wage Rate
18
12
Market A
S
Q₁ Quantity (Hours)
Wage Rate
27
D
18
12
#tv
Market B
Q₁
D
Which of the following is a reason for the wage differential shown in Figure 16.3?
Quantity (Hours)
O Market A represents the market for a risky occupation.
O Working conditions offered by the firms in Market B are uncongenial.
O The workers in Market B are unionized whereas the workers in Market A are not.
O Market B hires a larger number of skilled workers than Market A.
O The workers in Market B are more productive than the workers in Market A.
AQ
Daydreamer
Aa
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