Students who major in computer science are paid a lot more when they graduate than those who major in philosophy because
A)The derived demand for computer science majors is less than the derived demand for philosophy majors.
B)The marginal revenue product for computer science majors is less than the marginal revenue product for philosophy majors.
C)The search for the meaning of life is a growth industry.
D)Information technology is a growth industry.

Question

Quizplus · Accepted Answer

Information technology is a rapidly growing industry with high demand for skilled workers, which results in higher pay for computer science majors compared to majors in other fields such as philosophy.

Students Who Major in Computer Science Are Paid a Lot