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Title: Larry and Mike are equally skilled construction workers employed by the Brown and Root Company. ... Post by: violin13 on Oct 10, 2019 Question 1. Paying a person a lower wage or excluding a person from an occupation on the basis of an irrelevant characteristic such as race or gender ▸ is economic discrimination. ▸ can be explained by negative feedback loops. ▸ creates differences in wages that economists call "compensating differentials." ▸ violates federal comparable worth laws. Question 2. Larry and Mike are equally skilled construction workers employed by the Brown and Root Company. Larry's job is riskier because he typically works on a scaffold 1,000 feet above ground. Larry's higher wage rate is the result of ▸ a higher marginal revenue product. ▸ economic discrimination. ▸ a compensating differential. ▸ a negative feedback loop. Title: Larry and Mike are equally skilled construction workers employed by the Brown and Root Company. ... Post by: Cass Stein on Oct 10, 2019 Content hidden
Title: Larry and Mike are equally skilled construction workers employed by the Brown and Root Company. ... Post by: violin13 on Oct 10, 2019 Thank you, thank you, thank you!
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