3. Why wages differ For each of the scenarios in the following table, indicate the most likely reason for the difference in earnings. Differences in Training, Education, Age and Experience Differences in Risk Differences in Ability Discrimination Scenario Research done in the United States, based on U.S. Census data, finds that-during an adul's working life--high school graduates earn an average of $1.2 million, associate's degree holders earn about $1.6 milion, and bachelor's degree holders earn about $2,1 million Major league soccer players earn more than minar league soccer players. Two security guards have the same amount of schooling and work experience, but earn different wages. One of them works for a prison and earns an annual wage of $51,000 per year. Another works for a museum and earns an annual wage of $32,000 per year