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.

Associate the production of specific goods with points on the PPF, understanding opportunity costs related to varying production levels.

Comprehend the relationship between unemployment and the PPF.

Grasp the concept of the marginal rate of transformation and how it relates to the PPF slope.

Understand the various ways an agency relationship can be created and recognized under the law.

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Definitions:

Muscular Structure

The arrangements and organizations of muscles in an organism, supporting movement and physical function.

Hepatic Flexure

The bend in the colon near the liver, connecting the ascending colon to the transverse colon.

Ascending Colon

The first section of the colon that ascends from the cecum to the transverse colon on the right side of the abdomen.

Transverse Colon

A section of the large intestine that crosses the abdomen from the ascending colon to the descending colon.