E-commerce and an internet presence are important to many firms, requiring employees with specialized skills that are in short supply. The invisible hand solves the employment problem by:
A)encouraging the government to set up training programs to provide workers with the necessary skills.
B)giving workers an incentive to acquire the necessary skills on their own in order to receive higher wages.
C)providing free internet access.
D)discouraging firms from using of new technologies such as the internet.

Question

Quizplus · Accepted Answer

Workers with skills that are in high demand and short supply will be paid relatively high wages, which will encourage other workers to acquire those same skills.

E-Commerce and an Internet Presence Are Important to Many Firms