A doctrine according to which jobs deemed comparable should be paid the same wage
Comparative advantage 比较优势
The comparison among producers of a good according to their opportunity cost
Compensating wage differential 补偿性工资差不
A difference in wages that arises to offset the nonmonetary characteristics of different jobs
Competitive market 竞争市场
A market with many buyers and sellers trading identical products so that each buyer and seller is a price taker
Complements 互补品
Two goods for which an increase in the price of one good leads to a decrease in the demand for the other good
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