Which of the following statements is not correct?
A)Male workers with good looks tend to earn more than male workers with average looks
B)If discriminating wage differentials persist in competitive markets, it is primarily because employers chose to discriminate even in spite of customer preferences.
C)A higher level of human capital raises a worker's wages.
D)In competitive markets, workers are paid a wage equal to the value of their marginal product.

Question

Quizplus · Accepted Answer

Discriminating wage differentials persist in competitive markets because of various reasons, such as differences in education, skill level, experience, and productivity. It is not primarily because employers choose to discriminate in spite of customer preferences. Discrimination may occur in some cases, but it is not the only reason for wage differentials.

Which of the Following Statements Is Not Correct