Which of the following best explains why productive workers can command high wages?

A) The bargaining power of labor unions.
B) The presence of minimum wage legislation.
C) Wage and price controls that reflect the political power of labor organizations.
D) Competition among employers for productive workers.

Question

Yessenia Mauricio · Accepted Answer

Final Answer : D, Explanation :  Productive workers can command high wages due to competition among employers who are willing to pay more to attract and retain skilled and efficient employees.

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