When an employer's information indicates that two individuals have exactly the same productivity, there will be competitive pressure to
A) pay lower wages to the person who belongs to the group with the higher average productivity.
B) pay both workers the same wage rate even if one worker belongs to a group with a higher average productivity.
C) pay higher wages to the person who belongs to the group with the higher average productivity.
D) not hire the person who belongs to the lower average production group.
Correct Answer:
Verified
Q30: Suppose workers from group A have an
Q31: Opponents of the minimum wage law implicitly
Q32: The optimal level of employment for a
Q33: Why is it difficult to get a
Q34: If 9 units of labor will be
Q36: (Appendix) If relative income standing and job
Q37: Which phrase finishes this statement best? The
Q38: Because the monopsonist takes into account the
Q39: A monopsonist is a firm which
A)is a
Q40: In general, when a test is less
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents