Multiple Choice
If all workers were homogeneous, all jobs were equally attractive to workers, and labor markets were perfectly competitive,
A) compensating differences would cause wage differentials.
B) noncompeting groups of workers would result in wage differentials.
C) all workers would receive the same wage rate.
D) worker mobility would occur such that wage differentials would widen.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: There is no evidence that unions are
Q67: Minimum wage laws have contributed to higher
Q127: Right-to-work laws prohibit the formation of labor
Q186: The real wage will rise if the
Q187: If an industrial union is formed to
Q188: Given the table for a competitive
Q191: Other things being equal, the wages of
Q192: AFL-CIO stands for<br>A) American Federation of Labor-Congress
Q193: Which one of the following best exemplifies
Q194: If a firm is hiring a certain