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Thomas Is a Construction Worker Who Earns $3,000 Per Month

Question 20

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Thomas is a construction worker who earns $3,000 per month. He is offered a job of constructing a tall building in a city that has harsh weather conditions, for which he would be paid $3,500 a month. He takes up the job even though his previous job was less risky.
-Refer to the scenario above. His compensating differential is ________.


A) $500
B) $3,000
C) $3,500
D) $4.000

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