Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 15 - Wage Determination - Discussion Questions: 10

Answer

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Work Step by Step

The pay of CEOs is extremely controversial as they make much more than employees, sometimes even when the company is doing poorly. However, because owners want highly qualified CEOs, they generally end up having to pay a lot to get them.
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