The Demand Curve for High- Skilled Labour Lies to the Right

question 10

Multiple Choice

The demand curve for high- skilled labour lies to the right of the demand curve for low- skilled labour because

• A) high- skilled workers require more compensation to convince them to work than do low- skilled workers.
• B) there are more high- skilled workers than low- skilled workers.
• C) high- skilled labour is more productive than low- skilled labour.
• D) firms need not be concerned with the minimum wage in the market for high- skilled labour.

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Definitions:

Emotional Labour

The process of managing and regulating one's emotions to align with the expectations or requirements of a job or social situation.

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The part of the day during which one is engaged in work-related activities, often defined by standard business hours.

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The gap between individuals who have access to modern information and communication technology and those who do not, affecting opportunities for economic and social participation.

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A broad term for internet service with significantly faster download and upload speeds, facilitating quicker access to online content and smoother streaming services.