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    Principles of Microeconomics
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    Exam 15: Wage Rates in Competitive Labor Markets
  5. Question
    Persistent Wage Differentials Between People Having Different Skills Violate the W
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Persistent Wage Differentials Between People Having Different Skills Violate the W

Question 111

Question 111

True/False

Persistent wage differentials between people having different skills violate the W = MRP ethic associated with the perfectly competitive market for labor.

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