Which One of the Following Is Not a Reason Why

question 84

Multiple Choice

Which one of the following is not a reason why the wages of high-skilled workers exceed the wages of low-skilled workers?

• A)The market for high-skilled workers is more competitive than the market for low-skilled labour.
• B)The value of marginal product of high-skilled workers is greater than that of low-skilled workers.
• C)The cost of obtaining the human capital required for high-skilled workers is greater than the cost of obtaining the human capital required for low-skilled workers.
• D)High-skilled workers have acquired more human capital than low-skilled workers.
• E)The demand curve for high-skilled workers lies to the right of the demand curve for low-skilled workers.

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Definitions:

Evaluate

To compute or find the value of a mathematical expression or function through substitution of known values.

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A phrase that is used to express an action or a state of being, often translated into a mathematical expression.

Algebraic Expression

A mathematical phrase that can include numbers, variables, and operation symbols, but does not contain an equal sign.

Verbal Phrase

A verbal phrase in mathematics refers to a phrase that describes an operation or relation between quantities or variables in words rather than symbols or equations.