According to the human capital view of education ? A. has no impact on the human capital of workers?B. increases human capital and the wages of workers C. can make any worker into a superstar D. only helps firms sort…
According to the signaling view of the education ? A. can make any worker into a superstar B. increases human capital and the wages of workersC. only helps firms sort workers into high ability and low-ability workers D. reduces the…
If two jobs require the same amount of skills and experience the job that pays the most is most likely to be the one that is ? A. unpleasant B. all these answers C. safe D. fun E. easy
Which of the following is true regarding the earning of attractive versus unattractive workers ? A. Attractive people tend to earn less because attractive people are viewed as shallow and more self-absorbed and therefore, as less productiveB. Attractive people tend…
Which of the following professionals is most likely to be able to generate the income of a superstar ? A. the best professorB. the best writer C. All of these answers participate in markets that could generate a superstar D.…
In order for a market to support superstars it must have which of the following characteristics ? A. It must be involved in professional athletics B. Every customer must be indifferent to the price they pay, and the seller must…
Competitive markets tend to ? A. Increase labor market discrimination because some workers can charge more for their services than other workers in a competitive market B. have no impact on labour market discriminationC. reduce labour market discrimination because non-discrimination…
Which of the following is not a reason why some workers are paid above the equilibrium wage ? A. minimum-wage laws B. efficiency wages C. unionsD. beauty
Which of the following explanations of wage differentials is not likely to be true ? A. Men have more human capital than womenB. Employers in competitive markets are bigots C. Men have more job experience than women D. None of…
A profit-maximizing firm will hire labour until _____ equals the _______? A. marginal revenue, marginal cost B. long run marginal revenue, long run marginal cost C. labor output ratio, capital output ratioD. marginal cost of labor, marginal revenue product