Solved

The Figure Above Shows the Demand and Supply Curves for High-Skilled

Question 137

Multiple Choice

   The figure above shows the demand and supply curves for high-skilled (indicated by an  H  subscript)  and low-skilled (indicated by an  L  subscript)  workers. -In the figure above,the compensation for the cost of acquiring the skill creates the difference between the ________ curves and ________. A)  SL and SH; is equal to $10 per hour B)  SL and SH; is less than $10 per hour C)  DL and DH; is less than $10 per hour D)  DL and DH; is equal to $10 per hour E)  SL and SH; exceeds $10 per hour
The figure above shows the demand and supply curves for high-skilled (indicated by an "H" subscript) and low-skilled (indicated by an "L" subscript) workers.
-In the figure above,the compensation for the cost of acquiring the skill creates the difference between the ________ curves and ________.


A) SL and SH; is equal to $10 per hour
B) SL and SH; is less than $10 per hour
C) DL and DH; is less than $10 per hour
D) DL and DH; is equal to $10 per hour
E) SL and SH; exceeds $10 per hour

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents