How Does the Supply Curve of High-Skilled Workers Compare to the Supply

question 132

Multiple Choice

How does the supply curve of high-skilled workers compare to the supply curve of low-skilled workers?

• A) Because skills are costly to acquire, at a given wage rate the quantity supplied of high-skilled workers is greater than that of low-skilled workers.
• B) Because skills are costly to acquire, at any given wage rate the quantity supplied of high-skilled workers is less than that of low-skilled workers.
• C) Because skills are inexpensive to acquire, at any given wage rate the quantity supplied of high-skilled workers is less than that of low-skilled workers.
• D) Because skills are inexpensive to acquire, at any given wage rate the quantity supplied of high-skilled workers is greater than that of low-skilled workers.
• E) None of the above answers is correct.

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