The Figure Above Shows the Demand and Supply Curves for High-Skilled

question 46

Multiple Choice

The figure above shows the demand and supply curves for high-skilled (indicated by an "H" subscript) and low-skilled (indicated by an "L" subscript) workers.
-In the figure above,the compensation for the cost of acquiring the skill creates the difference between the ________ curves and ________.

• A) SL and SH; is equal to $10 per hour
• B) SL and SH; is less than $10 per hour
• C) DL and DH; is less than $10 per hour
• D) DL and DH; is equal to $10 per hour
• E) SL and SH; exceeds $10 per hour

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Definitions:

Farms

Land and the buildings on it, used primarily for producing food and other agricultural products.

Social Change

The transformation of a culture over time.

Unmistakable Periods

Distinct and clear phases in time or history recognized for their unique characteristics or events.

Exclusively

Solely or only; limited to a single person, group, category, or purpose without involving others.