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Use the Figure Below to Answer the Following Questions

question 48

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Use the figure below to answer the following questions.
Use the figure below to answer the following questions.     Figure 19.3.5 -Refer to Figure 19.3.5. This figure shows the labour supply curves and the value of marginal product curves for high-skilled and low-skilled workers. If there is an increase in the supply of high-skilled workers and the supply of high-skilled workers is now equal to the supply of low-skilled workers, then A) wages paid to high-skilled workers would fall to $4 an hour. B) wages paid to high-skilled workers would fall to $5 an hour. C) wages paid to high-skilled workers would fall to $6 an hour. D) there would be no change in the wages of high-skilled workers, because high-skilled workers always earn more than low-skilled workers. E) there would be no change in the wages of high-skilled workers, because their value of marginal product is unchanged.
Figure 19.3.5
-Refer to Figure 19.3.5. This figure shows the labour supply curves and the value of marginal product curves for high-skilled and low-skilled workers. If there is an increase in the supply of high-skilled workers and the supply of high-skilled workers is now equal to the supply of low-skilled workers, then


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Homogeneity

The quality or state of being all the same or all of the same kind, often used to describe a population or area with a lack of diversity.

Cyberbullying

Involves the use of information and communication technologies such as the Internet, social networking sites, websites, email, text messaging, and instant messaging to intimidate or harass others (Royal Canadian Mounted Police, 2016).

Tokenism

The practice of including one or a small number of members of a minority group to create the appearance of representation, inclusion, and nondiscrimination, without ever giving these members access to power.

Equal Opportunity

A principle of fairness where individuals are treated without bias, irrespective of their background, race, or gender, especially in employment and education.

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