Use the figure to answer the following question(s) .
Figure 12-1
-If one short-run supply curve in Figure 12-1 was for truck drivers and the other was for nuclear physicists (also short-run) , which one would probably be the supply curve for physicists?

Question

Use the figure to answer the following question(s) .
Figure 12-1

-If one short-run supply curve in Figure 12-1 was for truck drivers and the other was for nuclear physicists (also short-run) , which one would probably be the supply curve for physicists?

Quizplus · Accepted Answer

The supply curve for nuclear physicists is likely to be S_b because it is less elastic than the supply curve for truck drivers. This is because nuclear physicists require specialized training and education, which makes it more difficult to increase the supply of physicists in the short run.

Use the Figure to Answer the Following Question(s)