Answer :
A difference in wages between a highly-educated worker and a less-educated worker may be due to a difference in the amounts of human capital between the workers.
Human capital refers to the skills, knowledge, and experience that workers possess. Highly-educated workers typically have more human capital than less-educated workers, which makes them more valuable to employers. As a result, they often earn higher wages. However, this does not mean that the market is indifferent to a worker's level of human capital. On the contrary, the market rewards workers who have invested in their education and skills by offering them higher wages.
While some people may consider the wage gap between highly-educated and less-educated workers to be unfair, most economists view it as a natural outcome of the labor market. In fact, many argue that wage differentials serve as an incentive for workers to invest in their education and skills, which ultimately benefits society as a whole.
In conclusion, a difference in wages between a highly-educated worker and a less-educated worker is primarily due to differences in human capital. While some may view this as unfair, it is generally considered to be a natural outcome of the labor market and an incentive for workers to invest in their education and skills.
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