Multiple Choice
Scenario 19-5
Billy works for the local piano moving company part-time after school. Billy has worked for the company for two years but still hasn't received a wage increase, even though newer employees have received raises. Billy has threatened his employer with a lawsuit if he doesn't get a raise in the next few weeks. Billy believes he is a victim of labor-market discrimination.
-Refer to Scenario 19-5.In a competitive market for piano movers,why might Billy's wage differential persist?
A) Billy works harder than the other employees.
B) Billy joins a labor union.
C) Billy's amiable personality allows him to work well with his co-workers.
D) Customers do not like Billy because he has a bad attitude.
Correct Answer:

Verified
Correct Answer:
Verified
Q77: Hapland and Genoshia have just started to
Q79: The term "compensating differential" refers to<br>A) the
Q83: Figure 19-3<br>The manufacturing labor market.<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2185/.jpg"
Q84: Which of the following professionals is most
Q93: The job of night watchman at the
Q184: Workers with more human capital on average
Q320: A union's major source of power is
Q335: The ownership of human capital<br>A)is typically embodied
Q405: Which of the following might explain the
Q406: Firms that operate in competitive product markets