Ask Question
BusinessBusiness
14 July, 18:38

Describe

four factors that determine wage differentials?

+3
Answers (1)
  1. 14 July, 20:00
    0
    The four factors that determine wage differentials include efficiency in labor, where skilled workers may get higher pay than the unskilled ones; working conditions is another factor, as performing one’s job in dangerous areas may give higher pay to compensate for the risks involved; discrimination also affects the wage rates and said rates may be biased against a certain person or group; lastly, there is the demand for laborers across occupations that vary, and the wage paid may depend on the desirability or the requirements needed for a certain job.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Describe four factors that determine wage differentials? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
About 10 years ago you founded an energy company that operates as a privately-held corporation with only limited stock ownership. You are considering selling stock to the public for the first time through an initial public offering.
Answers (1)
When you receive your paycheck through direct deposit, what does this mean? -you took the check to the teller inside the bank -you mailed the check to the bank, along with a completed deposit slip -your employer deposited your check electronically
Answers (1)
Consider the following statement: Given that burgersburgers and friesfries are complementary goods, if the price of friesfries increasesincreases the demand for both goods will fallfall. Is this an accurate statement?
Answers (1)
Why do some workers lose their job when the minimum wage is​ increased?
Answers (1)
What gives the us government the right to collect taxes?
Answers (1)
New Questions in Business
Recommendations for a successful pitch include all of these except: a. stand behind a podium b. maintain eye contact c. use colorful visual aids d. do a live demonstration of the product or service e.
Answers (1)
Suppose the U. S. Treasury issued $50 billion of short-term securities and sold them to the public. Other things held constant, what would be the most likely effect on short-term securities' prices and interest rates? A.
Answers (1)
Meals n' More, Inc., a catering company, requires its customers to pay by check. Lyra, a Meals n' More driver, tells customers that they can pay her with cash. When Meals n' More learns of Lyra's collections, it takes no action to stop it.
Answers (1)
According to the savings-investment spending identity: a) savings equals investment spending. b) savings equals investment spending plus consumption spending. c) government spending equals tax receipts.
Answers (1)
Between 1860 and 1900, railroads in the United States were Group of answer choices subject to laissez-faire treatment by government. resistant to the consolidation of corporate power. nearly shut down by labor unrest and strikes.
Answers (1)
Home » Business » Describe four factors that determine wage differentials?
Sign Up Forgot Password?