Refer to the following figure when answering
Figure 7.5: Labor Market 
-Consider Figure 7.5. If the demand curve for college graduates is characterized by , which of the following is a reason why the demand for labor for college graduates is higher than that for high school students, characterized by ?
A) skill-based technological change
B) low saving rates
C) fewer college graduates than high school graduates
D) a growing number of college graduates
E) specialization
Correct Answer:
Verified
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