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AQAA LevelPaper 1June 20189 marksMicroeconomics
Extract E (lines 4–5) claims that workers in the 18th century
saw wages rise in line with productivity. With the help of a
diagram, explain how advances in modern technology are likely
to lead to rising wages in some industries.
1.6.3 Wages in Competitive Labour Markets
·
1.4.1 Production and Productivity
AQAA LevelPaper 1June 20179 marksMicroeconomics
Extract E (lines 22–23) states that ‘The tendency for women to
participate in low-productivity sectors is now a bigger factor
in their low pay than discrimination’. With the help of a
diagram, explain how the difference between the marginal
revenue product of male and female workers might account for
the lower average earnings of women.
1.6.7 Labour Market Discrimination
·
1.4.1 Production and Productivity
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