Question

"Wages of doctors tend to be higher than wages of bankers. Which of the following is a compensating differential explaining the difference in wages? Group of answer choices Doctors have the stress of being responsible for other peoples’ lives while bankers do not. Doctors are on call to work nights and weekends, while bankers work traditional business hours. Doctors must pay for malpractice insurance in case they are sued for a mistake on the job. Working conditions for bankers are more pleasant than those of doctors. All of the answers are compensating differentials."

Answer 1

The correct option is all of the answers are are compensating differentials

Step-by-step explanation:

There is no doubt that doctors are carers in that they are responsible for well-being and lives of patients ,as a result ,they are expected to exercise reasonable care when dealing with their patients and thus they are more compensated.

There is a premium paid to them over other professionals because they can be sued instances of making mistakes.

Lastly, the working hours they are subjected to is tasking,as they can be called upon during the dead of the night in order to save lives,hence they are more rewarded.