Jake and Harry each have 130 hours of college credit from Impressive University. Each has 30 hours of economics. Jake has a bachelor's degree, while Harry is 3 credits short of required physical education classes and therefore does not have a degree. Each of them has one year of experience as a market analyst for ABC Company. Assuming that the physical education class would not enhance Harry's
job performance, if Jake earns a higher salary than Harry, the ABC Company may subscribe to the
a. human capital theory.
b. discrimination theory.
c. compensating differential theory.
d. signaling theory.
d
You might also like to view...
Refer to Figure 13.1. Assume the voting method used to select a location for the recreation center is the Borda-count method
The residents of Desert Sands, realizing that they have no chance of winning this election, decide to remove their town from contention, so now with only 3 towns in the running, if a town gets ranked #1, it gets 2 points per vote, a town ranked #2 gets 1 point per vote, and a town ranked #3 gets no points per vote. With this method, the town that wins in this election is A) There is no clear winner in this election. B) Glacier Cove. C) Mountain View. D) Oceanside.
The hidden opportunity cost of using protectionism to save jobs in one industry is the sacrifice of jobs that are not created in other industries
a. True b. False Indicate whether the statement is true or false