Multiple Choice
In a winner-take-all labor market,
A) anyone who is hired at any wage is a winner
B) any firm that can hire a worker is a winner
C) a few key people critical to the overall success of the enterprise are rewarded with substantial pay
D) the person most critical to the overall success of an enterprise is rewarded with substantial pay, and everyone else is paid the median wage
E) only one worker is paid
Correct Answer:
Verified
Correct Answer:
Verified
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