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violin13 violin13
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Posts: 342
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A week ago

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.

Textbook 

InMicro


Edition: 1st
Authors:
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cscscscscscs
wrote...
Posts: 311
A week ago
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Answer 1

is economic discrimination.



Answer 2

a compensating differential.

1

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A week ago
Thank you, thank you, thank you!
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A week ago
You're welcome
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