Multiple Choice

-The above figure shows the demand and supply curves for high-skilled and low-skilled labor. The wage rate
A) of high-skilled labor is $14 and of low-skilled labor is $12.
B) of high-skilled labor is $18 and of low-skilled labor is $14.
C) of high-skilled labor is $12 and of low-skilled labor is $8.
D) of high-skilled labor is $18 and of low-skilled labor is $8.
Correct Answer:
Verified
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