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1.6 The labour market (A-level only)

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Question 16

On average, senior data scientists earn significantly higher annual salaries than junior data entry clerks.

This wage differential is best explained by

the higher price elasticity of demand for junior data entry clerks.

the higher marginal revenue productivity of senior data scientists.

systematic labour market discrimination against junior data entry clerks.

the relatively inelastic supply of junior data entry clerks.

1.6 The labour market (A-level only) Questions

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  2. /Economics
  3. /1.6 The labour market (A-level only)