Which of the following is required for all workers to earn identical wages in the long run? Check all that apply. All jobs require the performance of similar types of tasks. All workers have equal ability and can be trained to do different types of employment at minimum cost. Workers can move from one labor market to another at zero cost. All workers must have a bachelor's degree.

The statement that is required for all workers to earn identical wages in the long run is that Workers can move from one labor market to another at zero cost

When there is an increase in supply of labor, the equilibrium price falls, and vice versa.

A justified wage is a type of wages that is paid on a fair level of compensation paid to an employee that takes into account both market and non-market factors. Moving from one job to another ddoes not incur any charges.

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Question:

Which of the following is required for all workers to earn identical wages in the long run? Check all that apply.

A) All jobs require the performance of similar types of tasks.

B) All workers have equal ability and can be trained to do different types of employment at minimum cost.

C) Workers can move from one labor market to another at zero cost.

D) All workers must have a bachelor's degree.

The correct answers are:  A & C

Explanation:

This is an Economics question which speaks to the subject of Labor Markets.

A perfectly competitive labor market is one where:

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b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.