Question

Suppose that Eleanor receives higher pay at her workplace than her colleagues do, even though they perform essentially the same type of work. If Eleanor's productivity is about 25% higher than that of each of her colleagues, which of the following wage concepts can explain this wage disparity? Check all that apply.
(A) Discrimination
(B) Natural ability
(C) The superstar phenomenon
(D) Effort
(E) Human capital

Answer 1

Answer:

The answers are letters D and E

Explanation:

The effort and the human capital can explain this wage disparity.

Answer 2

Answer:

(D) Effort

(E) Human capital

Explanation:

-Discrimination is when there is an unfair treatment based on race, age, sex or being part of a group.

-Natural ability refers to a talent that we are born with.

-The superstar phenomenon refers to the fact that the differences in talent people have generate disproportionate levels of success.

-Effort means a serious attempt to do something.

-Human capital refers to the attributes and knowledge someone has to do a job and create value.

According to this, the answer is that the options that can explain this wage disparity is effort and human capital as she performs the same type of work as her colleagues but her productivity is about 25% higher which is an effort to perform well and indicates that she has abilities that allow her to do a better job.