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C O courses.aplia.com/af/servlet/quizrctx-mstowers 1-0 11SSquz.actions take aplia BC Econ B1 (Micro) Fall 2017 Home GradesPersonalized Re Unit #3 Exam Time Remaining: 78 min utes Back to Assignment Attempts: Score: /5 The term compensating wage differential refers to: a. wage differences that arise from difference in productivity of the workers in a firm. b. the bargaining capacity of a monoposonist in the labor market. e2 c·vage differences that arise from differences in the risk involved in differen tjobr d. whether or not a firm offers a 401K plan to all its employees or just some employess O e. the negotiating powers of the trade union. Copyright NoticesTerms of Use Privacy

Explanation / Answer

c. wage differences that arise from the difference in the risk involved in different jobs

Compensating wage differential is defined as the additional income a worker must be given to incentivize him to take up an undesired job.

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