Question

Construction work is much riskier than working as a server at a restaurant. as a result, we'd expect a difference in wages between the two jobs. the difference is known as:_______

Answer 1

Construction work is much riskier than working as a server at a restaurant. as a result, we'd expect a difference in wages between the two jobs, the difference is known as a compensating differential. Thus, option B is correct.

What is Construction work?

Construction is work where people build buildings, apartments, homes, and bridges which includes demolishing, creating, and constructing. A plan is led out for the structure that is to be made.

Compensating differentials is a difference in pay between two jobs. it is often done because there is risk involved, more work to do, or attracting employees. Therefore, option B is the correct option.

Learn more about Construction work, here:

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The question is incomplete, the options will be:

a. An efficiency wages.

b. A compensating differential.

c. A wage adjustment.

d. A minimum wage.