When a Worker Has a Rare Skill or Talent, Supply

question 136

Multiple Choice

When a worker has a rare skill or talent, supply in that labor market:

• A)is low.
• B)is high.
• C)depends on the other factors of production.
• D)depends on the output produced.

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Definitions:

United States Food and Drug Administration

A federal agency responsible for protecting public health by assuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices.

Door-to-Door Solicitation

The practice of visiting residences in person to offer goods, services, or solicit donations.

Funeral Services

Professional services offered by funeral directors and funeral homes, including preparing the body, conducting the funeral ceremony, and managing the final disposition of the deceased.

Federal Law

Legislation enacted by the national government and applicable across the entire country.