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Figure 3.4 -Assume That Figure 3.4 Represents the Markets for Comparably Skilled

Question 40

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Figure 3.4 -Assume that Figure 3.4 represents the markets for comparably skilled and educated economists and coal miners. If there are more coal miners, identify which market represents each profession. What is the economists' wage? What is the coal miners' wage?

Figure 3.4
Figure 3.4 -Assume that Figure 3.4 represents the markets for comparably skilled and educated economists and coal miners. If there are more coal miners, identify which market represents each profession. What is the economists' wage? What is the coal miners' wage? A) $12; $12 B) $18; $12 C) $12; $18 D) $18; $18 E) $15; $15
-Assume that Figure 3.4 represents the markets for comparably skilled and educated economists and coal miners. If there are more coal miners, identify which market represents each profession. What is the economists' wage? What is the coal miners' wage?


A) $12; $12
B) $18; $12
C) $12; $18
D) $18; $18
E) $15; $15

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