
-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 $7.00 and of low-skilled labor is $6.00.
B) of high-skilled labor is $9.00 and of low-skilled labor is $7.00.
C) of high-skilled labor is $6.00 and of low-skilled labor is $4.00.
D) of high-skilled labor is $9.00 and of low-skilled labor is $4.00.
Correct Answer:
Verified
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