Each of the following observations, ceteris paribus, implies something about a particular labor market. For each one, (1) identify the relevant labor market; (2) state whether you expect the wage rate in that market to be higher than otherwise, or lower than otherwise; and (3) identify which conceptual explanation for wage differences (among those discussed in the chapter) you are applying to reach your conclusion.
a. Elevator repairers have a higher accident rate than most other jobs.
b. People who work in New York City have to pay higher rent than other people.
c. People like to work in New York City because there is a lot to do there.
d. It takes rare diligence, motivation, and practice to become a concert pianist.
e. Los Angeles has passed legislation requiring that fortune tellers become certified by the city
f. Office cleaning services don’t like to risk hiring exconvicts, because employers believe they are more likely to steal equipment than other employees.