Answer to Question #71408 in Other Economics for adamasowe6@gmail.com

Question #71408
why are bus drivers paid less than pilots
1
Expert's answer
2017-11-30T15:42:06-0500
Bus drivers are paid less than pilots, because the demand for pilots in labor market is higher and the supply of pilots is lower. So, the equilibrium wage of a pilot is higher than equilibrium wage of a bus driver.

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