The differences in wage rates paid in different occupations are caused entirely by the differences in the
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The differences in wage rates paid in different occupations are caused entirely by the differences in the elasticity of supply of labour. The way, therefore, to overcome the differences in wage rates is to increase the training available to workers. Discuss whether economic analysis supports this argument.
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Related Book For
Cambridge International AS And A Level Economics Coursebook
ISBN: 9781107679511
3rd Edition
Authors: Colin Bamford, Susan Grant
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