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According to some supporters of the minimum wage it

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134.According to some supporters of the minimum wage, it has very small or even nonexistent negative employment effects because: A. the demand for minimum wage labor is highly elastic. B . it reduces turnover among minimum wage workers, prompts employers to use them more efficiently, and thus raises their average productivity. C. it encourages teenagers to stay in school. D. employers substitute lower fringe benefits for higher pay, keeping their compensation costs the same. 135.Wage differentials can arise from:
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136.If all workers are homogeneous, all jobs are equally attractive to workers, and labor markets are perfectly competitive: 137.Wage differentials may result from all the following except : 138.Suppose all workers are identical, but working for Ajax is more pleasant than working for Acme. In all other nonwage aspects the two firms offer the same job characteristics. We would expect: A. wage rates at Ajax to be higher than at Acme. B. wage rates at Ajax to be lower than at Acme. C. wage rates at Ajax and Acme to be the same. D. workers at Ajax would have to be monitored more closely than at Acme. 139.Noncompeting groups of workers are the result of: 140.Compensating differences in wages:
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