Business, 02.08.2019 22:10, Animallover100

The existence of noncompeting groups and other occupational differences in labor markets means that
a. homogeneous, competitive labor markets are possible in the short run.
b. the market demand curves for all labor groups are highly price inelastic.
c. wages have little or no effect on the supply curves of labor.
d. the government must step up in to ensure that enough people enter unskilled occupations.
e. wage differentials will tend to persist over time.

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The existence of noncompeting groups and other occupational differences in labor markets means that<...