Refer to the following figure when answering the following questions.
Figure 7.5: Labor Market 
-Consider Figure 7.5. If the demand curve for college graduates is characterized by
, which of the following describes why the demand for labor for college graduates is higher than that for high school students, characterized by 
?
A) There is a growing number of college graduates.
B) There are fewer college graduates than high school graduates.
C) College graduates have a higher marginal product.
D) College graduates are smarter than high school graduates.
E) None of these answers is correct.
Correct Answer:
Verified
Q80: _ offered his workers _ per day.
A)
Q81: Large unemployment benefits give workers an incentive
Q82: The labor demand curve is derived from
Q83: Wage rigidity decreases labor market volatility.
Q84: Refer to the following figure when answering
Q86: Unemployment due to institutional frictions is called
Q87: If the number of employed is 145,926,
Q88: The average unemployment benefit of an American
Q89: The supply of labor curve slopes upward
Q90: Unemployment generally falls during economic booms.
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