Other things equal,the supply of labor will be lower for a job that _____

Question

Quizplus · Accepted Answer

The supply of labor will be lower for a job that requires advanced skills or education because fewer people will have the qualifications necessary to perform the job. This creates a higher barrier to entry, resulting in a smaller pool of available workers. Prestige, on-the-job training, climate-controlled work environments, and flexible work schedules may attract workers, but they are not necessarily factors that would limit the supply of labor.

Other Things Equal,the Supply of Labor Will Be Lower for a Job