Which One of the Following Statements Is FALSE

Which one of the following statements is FALSE?

A) Industries where the relative demand for workers is lower than supply will pay a lower wage.
B) Two industries that have identical demand for workers will also pay the same wage.
C) Industries where the relative demand for workers is higher than supply will pay a higher wage.
D) A higher compensating wage differential in an industry implies a relatively lower supply of workers.

Correct Answer:

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