Wage difference that can't be explained by the number of years of training, are likely to be considered to res

Question

Wage difference that can't be explained by the number of years of training, are likely to be considered to result from factors associated with
a) demand, but not supply
b) supply, but not demand
c) conditions of regulated markets
d) compensating differentials

Answer 1

The answer is d, compensating differentials. Factors that aren't directly related to number of years experience are attributed to other factors that may be valuable to the job but are not something normally looked at.