A compensating wage differential is
A) the difference between the wage of an individual working in favorable conditions and the wage of an individual working in unfavorable conditions
B) compensation paid to an individual for working in a less desirable environment
C) premium paid to a security holder to compensate him for bearing a higher risk
D) Only A&B
Correct Answer:
Verified
Q51: Jim has a choice between two jobs.Job
Q52: Low risk stocks are usually accompanied by
A)low
Q53: Monopoly firms manage to earn positive profits,even
Q54: In equilibrium the typical investor _
A)prefers high
Q55: Which of the following cannot be classified
Q57: Firemen generally are paid higher wages because
A)they
Q58: In equilibrium,high risk stocks would typically be
Q59: In equilibrium,low risk assets earn a _return
Q60: A monopoly firm is a _ and
Q61: In the long-run,a monopoly is most likely
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