Multiple Choice
The demand curve for high- skilled labour lies to the right of the demand curve for low- skilled labour because
A) high- skilled workers require more compensation to convince them to work than do low- skilled workers.
B) there are more high- skilled workers than low- skilled workers.
C) high- skilled labour is more productive than low- skilled labour.
D) firms need not be concerned with the minimum wage in the market for high- skilled labour.
Correct Answer:
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