Why Do Skilled Workers Earn Relatively Higher Wages Than Unskilled

question 12

Multiple Choice

Why do skilled workers earn relatively higher wages than unskilled workers?

• A)The marginal productivity of skilled workers is low.
• B)The marginal cost of hiring skilled workers is low.
• C)The supply of skilled workers is relatively less.
• D)There is an abundant supply of skilled workers.
• E)There is an abundant supply of unskilled workers.

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