Immobile resources contribute to wage differentials.

Name: Immobile resources contribute to wage differentials.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Immobile resources such as location and specialized skills can create differences in the demand for labor, leading to wage differentials. For example, workers in highly specialized fields or regions with high demand for particular skills may often earn higher wages than those with more general training or in areas with lower demand for their labor.

Immobile Resources Contribute to Wage Differentials