Use the Figure Below to Answer the Following Question

question 59

Multiple Choice

Use the figure below to answer the following question.

Figure 19.3.3
-Refer to Figure 19.3.3. At any given level of employment for high-skilled and low-skilled workers, the vertical distance between the two supply curves

• A)disappears if there is free entry into the skill market.
• B)disappears if there is equal pay for work of equal value.
• C)is created by discrimination against low-skilled workers.
• D)is the compensation required for the cost of acquiring human capital.
• E)equals the value of marginal product of skill.

Design a chart of accounts for a merchandising business, incorporates balance sheet and income statement order.

Determine the impact of specific transactions on the accounting equation.

Apply knowledge of accounts with normal debit or credit balances and analyze their impacts on financial statements.

Understand and apply the principles of preparing a balance sheet.

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