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-The Figure Above Shows the Market for High and Low-Skilled

Question 81

Multiple Choice

  -The figure above shows the market for high and low-skilled labor.Supply curve SB represents the supply of ________ labor because ________. A)  high-skilled; these workers must receive higher pay in return for acquiring their skills B)  high-skilled; firms supply more jobs for high-skilled workers C)  low-skilled; low-skilled labor must work more hours to compensate for their lower wage D)  low-skilled; firms supply fewer jobs for low-skilled labor E)  low-skilled; low-skilled labor has a lower value of marginal product
-The figure above shows the market for high and low-skilled labor.Supply curve SB represents the supply of ________ labor because ________.


A) high-skilled; these workers must receive higher pay in return for acquiring their skills
B) high-skilled; firms supply more jobs for high-skilled workers
C) low-skilled; low-skilled labor must work more hours to compensate for their lower wage
D) low-skilled; firms supply fewer jobs for low-skilled labor
E) low-skilled; low-skilled labor has a lower value of marginal product

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