Women receive lower wages, on average, than men of equal age and the disparity between the earnings of men and women grows with age. Use human capital theory to explain why. (To help you develop your answer, it may be useful to know that women have a lower labor force participation rate at every age, are more likely to work part-time, and are more likely to move in and out of the labor force than men. Consider certain realities of men’s and women’s lives.)