What is the effect on the supply of low-skilled labor of an increase in the number of people pursuing higher education?
A) It becomes more inelastic.
B) The supply of low-skilled labor decreases.
C) The supply of low-skilled labor increases.
D) It becomes more elastic.
E) None of the above answers is correct.

Question

Quizplus · Accepted Answer

Pursuing higher education typically leads to a decrease in the supply of low-skilled labor as individuals become more qualified for higher-paying jobs, leaving fewer available workers in low-skilled positions.

What Is the Effect on the Supply of Low-Skilled Labor