Describe that theory and explain why it fits the situation

Reference no: EM13201773

If the way wages were fixed in that job does not correspond to the neo-classical theory, is there another theory, among the ones we talked about in class, that would explain it better (i.e. another theory that could explain the way wages were set)? If so, describe that theory and explain why it fits the situation in this job better.

Reference no: EM13201773

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Describe that theory and explain why it fits the situation : If the way wages were fixed in that job does not correspond to the neo-classical theory, is there another theory, among the ones we talked about in class, that would explain it better (i.e. another theory that could explain the way wages were set)..

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