Question

explain any 3 reasons of differences in income of work

Answer 1

Answer:

These differences in wages surface in case of workers working in the same occupation and the same area but in different industries. These differences are the result o varying skill requirements, level of unionisation, nature of product market, ability to pay, the stage of development of an industry etc

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Answer 2

Explanation:

These differences in wages surface in case of workers working in the same occupation and the same area but in different industries. These differences are the result of varying skill requirements, level of , nature of product market, ability to pay, the stage of development of an industry, etc