What Determines the Position of the Supply Curve of High-Skilled

question 6

Multiple Choice

What determines the position of the supply curve of high-skilled workers relative to that of low-skilled workers?

• A) The difference in the demand curves for the two groups.
• B) Regulatory labour standard guidelines.
• C) The cost of acquiring the skill.
• D) The difference in the value of the marginal products.
• E) None of the above answers is correct.

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