Which factor does NOT partially explain wage differentials?

A) different amounts of human capital
B) compensating differentials
C) differences in talent
D) differences in capital

Wage Differentials

The variation in wages among individuals for the same job or different jobs based on factors such as experience, education, and skill level.

Human Capital

The economic value of a worker's experience and skills, including factors like education and training.

Compensating Differentials

Wage differentials that compensate workers for job attributes, such as unpleasant conditions or risks, maintaining equilibrium across labor markets.