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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