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asdoooeoe asdoooeoe
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5 years ago

Question 1.

Painters who paint water towers earn higher wages relative to painters who paint houses because

• the demand for tower painters is greater than the demand for residential painters.

• painting water towers is more risky than painting houses.

• the tower painters' union is probably more powerful than the house painters' union.

• the supply of water tower painters exceeds the supply of house painters.

Question 2.

Wage differentials between occupations can be explained by all of the following except

• the fact that some occupations require higher levels of human capital than others.

• the fact that some occupations are more desirable than others.

• the market power of different employers.

• the relative differences between demand and supply in various occupations.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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BtllllllBtllllll
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5 years ago
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