1- Define and give examples of
compensating wage differentials.
2- What is the impact of a minimum...
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Economics
1-Define and give examples ofcompensating wage differentials.
2-What is the impact of a minimum wagelaw on unskilled labor? Give examples
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Answer 1 Compensating wage differential is the relation between wage rate and job risk or undesirable attrIbutes to a particular job This is used for equilizing difference of wages It defines the amount of additional income which is required or must be offered to
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