Which of the following is not predicted by the hedonic theory of wages,all else constant?
A) workers that have strong preferences for particular nonwage amenities will be matched with firms that can provide them most cheaply
B) firms that pay lower wages but offer more amenities have higher than average profits
C) jobs that offer high levels of safety will pay less than those in which working conditions are less safe
D) firms will tend to offer those nonwage amenities that they can provide most cheaply
Correct Answer:
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Q23: Consider a worker who faces a tradeoff
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A)workers
A)ties