1 job a pays 30000 a year job b is completely identical, Ask an Expert

Economics

1. Job A pays $30,000 a year. Job B is completely identical in all aspects except it is located in an area that has a 10% higher cost of living. In order to compete, Job B would need to pay _____________________. This is known as a __________________________________.

2. Explain the difference between the human capital and signalling theories of education.

3. Briefly describe each of the 4 main pieces of labor legislation.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91234557

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