Question
Suppose in a local economy that there are just two types of jobs for young men who are high school dropouts: legal jobs in the
Suppose in a local economy that there are just two types of jobs for young men who are high school dropouts: legal jobs in the service economy and jobs in the illegal drug industry. Which will offer higher wages? Why? Is this higher wage a compensating differential? What other historical jobs might would be similar to the drug industry job?
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International Business
Authors: John Daniels, Lee Radebaugh, Daniel Sullivan
16th edition
134200055, 978-0134201542, 013420154X, 978-0134200057
