Why Do Skilled Workers Generally Earn More Than Unskilled Workers

question 136

Multiple Choice

Why do skilled workers generally earn more than unskilled workers?

• A) The demand for unskilled labor is more inelastic than the demand for skilled labor.
• B) Skilled labor has higher marginal revenue products than unskilled labor.
• C) The demand for unskilled labor is greater than the demand for skilled labor.
• D) The supply of skilled labor is greater than the supply of unskilled labor.

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Definitions:

Marital Dissolution

The official termination of a marriage through legal processes, commonly referred to as divorce.

Initiate Divorce

The act of legally dissolving a marriage, typically initiated by one of the spouses.

Legal Divorce

The formal dissolution of a marriage by a court or other competent body, legally freeing each spouse to remarry if they choose.

Macro-level Reasons

Causes or explanations for phenomena that exist at a broad, societal or systemic level, influencing large populations or structures.