Multiple Choice
Matthew just graduated from culinary school. He can earn $40,000 a year working for the same local bakery he has worked at since before starting culinary school, or accept a job offer he received after graduation from a high-end restaurant paying $70,000 a year. The higher salary is a result of
A) a compensating differential.
B) efficient union bargaining.
C) having more human capital.
D) pure luck.
Correct Answer:
Verified
Correct Answer:
Verified
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