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Under Which Circumstance Might a Competitive Market Be Consistent with a Discriminatory

Question 31

Multiple Choice

Under which circumstance might a competitive market be consistent with a discriminatory wage differential


A) The wage differential can be explained by customers' discriminatory preferences.
B) The wage differential can be explained by a compensating differential.
C) The wage differential can be explained by differences in human capital.
D) The wage differential can be explained by differences in efficiency wages.

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