If the Supply of Skilled Workers Is Increased Such That

question 99

Multiple Choice

If the supply of skilled workers is increased such that it is equal to the supply of unskilled workers,we can expect:

• A)wages of skilled workers to be equal to wages of unskilled workers.
• B)wages of skilled workers to be lower than wages of unskilled workers.
• C)wages of skilled workers to be higher than wages of unskilled workers.
• D)wages to fall from current levels for unskilled workers.
• E)wages of both skilled and unskilled workers to remain unaffected.

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