The demand curve for high-skilled workers lies ________ the demand curve for low-skilled workers and the supply curve of high-skilled workers lies ________ the supply curve of low-skilled workers.

Question

Quizplus · Accepted Answer

The demand curve for high-skilled workers lies above the demand curve for low-skilled workers because high-skilled workers are generally more productive and thus more valuable to employers. The supply curve for high-skilled workers also lies above the supply curve for low-skilled workers because there are typically fewer high-skilled workers available, making them more scarce and valuable.

The Demand Curve for High-Skilled Workers Lies ________ the Demand