Figure 9.2 Equilibrium in Markets for Low- and High-Skill Labor(a) (B)

Figure 9.2
Equilibrium in Markets for Low- and High-Skill Labor(a) (b)

-According to figure 9.2 the wage for high skilled labor WH is higher than the wage for unskilled WL workers because:

A) Unskilled workers are less productive and more scarce
B) High skilled workers are less productive and more abundant
C) High skill workers are more productive and more scarce
D) Unskilled workers are more productive and more scarce