1)Is it fair for older and younger workers that pay tend to rise with age? Use appropriate diagram(s) to illustrate and explain your answer. (22.5 Marks)

The question says: " Is it fair for older and younger workers that pay tend to rise with age? Use appropriate diagram(s) to illustrate and explain your answer."

The objective is you discuss the reasons why pay could tend to rise with age. Those reasons could include human capital, productivity and cost for the company, among other reasons relevant from the company perspective.

Can you please discuss the suitable responses with the above question and then use appropriate diagrams to illustrate and explain your answer.