Define compensating differential and give an example. Give two reasons more educated workers earn more than less

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Define compensating differential and give an example. Give two reasons more educated workers earn more than less educated workers.

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 07:23 AM

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Define compensating differential and give an example. Give two reasons more educated workers earn more than less

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A compensating differential is a difference in wages t...View the full answer

Principles of economics

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