Which One of the Following Statements Is TRUE

Which one of the following statements is TRUE?

A) Industries where the relative demand for workers is lower than supply will pay a higher wage.
B) Industries that have identical demand for workers may not pay identical wages.
C) Industries where the relative demand for workers is higher than supply will pay a lower wage.
D) A higher compensating wage differential in an industry implies a relatively higher supply of workers.

Correct Answer:

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