Solved

The Demand Curve for High-Skilled Labor Lies to the Right

Question 152

Multiple Choice

The demand curve for high-skilled labor lies to the right of the demand curve for low-skilled labor because


A) there are more high-skilled workers than low-skilled workers.
B) high-skilled workers require more compensation to convince them to work than do low-skilled workers.
C) high-skilled labor is more productive than low-skilled labor.
D) firms need not be concerned with the minimum wage in the market for high-skilled labor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents