High-skilled workers earn more than low-skilled workers in part because the high-skilled workers have

Name: High-skilled workers earn more than low-skilled workers in part because the high-skilled workers have
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High-skilled workers are able to produce more output per unit of input, resulting in a higher value of marginal product. This increased productivity translates to higher wages, as firms are willing to pay more for workers who can produce more valuable output.

High-Skilled Workers Earn More Than Low-Skilled Workers in Part Because