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Marshall and Lily work at a local department store. Marshall, who greets customers as they arrive, is paid less than Lily, who cleans the bathrooms. This is an example of a. a compensating differential. b. human capital. c. signaling. d. efficiency wages.

Chapter 19, Problem 2

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QUESTION:

Marshall and Lily work at a local department store. Marshall, who greets customers as they arrive, is paid less than Lily, who cleans the bathrooms. This is an example of

a. a compensating differential.

b. human capital.

c. signaling.

d. efficiency wages.

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Questions & Answers

QUESTION:

Marshall and Lily work at a local department store. Marshall, who greets customers as they arrive, is paid less than Lily, who cleans the bathrooms. This is an example of

a. a compensating differential.

b. human capital.

c. signaling.

d. efficiency wages.

ANSWER:

Step 1 of 2

Given data:

Marshall and Lily work at a local department store. Marshall, who greets customers as they arrive, is paid less than Lily, who cleans the bathrooms. This is an example of

a. a compensating differential.

b. human capital.

c. signaling.

d. efficiency wages.

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