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In discussing the reasons why wages differ between occupa...

In discussing the reasons why wages differ between occupations, which of the following should be regarded as a cardinal point that needs to be emphasised?

A.

Length and cost of training

B.

Demand and supply

C.

Attractiveness of the job

D.

Influence of the trade union

E.

Government intervention

Correct answer is A

In determining the wages of the workers in different occupations, allowances must be made for all the exercises incurred on training and time devoted for it. This makes option A (Length and cost of training) the correct answer.