Multiple Choice
Suppose the following conditions existed in the Canadian labour market:
1) All labour is mobile and possesses the same skills.
2) Non-monetary advantages are the same across industries and occupations.
3) The demand conditions for labour are the same across industries.
In this situation,we expect wage rates to
A) be the same in all industries.
B) be higher in some industries than in others.
C) be the same in most industries.
D) differ because of the desirability of the location of the job.
E) have equilibrium differentials.
Correct Answer:

Verified
Correct Answer:
Verified
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