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waecE-LEARNING
Economics Paper 2, Nov/Dec. 2010  
Questions: 1 2 3 4 5 6 7 8 9 10 11 12 Main
General Comments
Weakness/Remedies
Strength
Question 9

Highlight five reasons why there are differences in wage rates.

           
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Observation

This question was unpopular with the candidates. Most candidates did not attempt this question.
However, those who attempted it scored below average marks because they failed to highlight
the following points;
(i)   Differences in natural abilities;
(ii)   Length and time of training;
(iii) Non monetary rewards;
(iv)  Ignorance;
(v)  Barriers to mobility;
(vi) Power of trade unions;
(vii) Productivity/demand for labour:
(viii) Cost of training;
(ix)  Degree of responsibility.

               


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