Attempts $\backslash (\backslash$square $\backslash )$ Keep the Highest $/1$

$1.$ Why wages differ

For each of the scenarios in the following table, indicate the most likely reason for the difference in earnings.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline Scenario & Differences in Human Capital & Compensating Differential & Differences in Ability & Labor Unions $\backslash \backslash$

$\backslash$hline Research done in the United States, based on U$.$S$.$ Census data, finds that$-$during an adult's working life$-$high school graduates earn an average of $\backslash (\backslash$$ $1\mathrm{.}2\backslash )$ million, associate's degree holders earn about $\backslash$$$1\mathrm{.}6$ million, and bachelor's degree holders earn about $\backslash$$$2\mathrm{.}1$ million. & O & $$ & $$ & O $\backslash \backslash$

$\backslash$hline Two security guards have the same amount of schooling and work experience, but earn different wages. One of them works for a prison and earns an annual wage of $\backslash$$$51,000$ per year. Another works for a museum and earns an annual wage of $\backslash$$$32,000$ per year. & $$ & $$ & $$ & O $\backslash \backslash$

$\backslash$hline Major league hockey goalies earn more than minor league hockey goalies. & $$ & $$ & $$ & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

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