The Figure Given Below Shows the Demand Curve in the U.S

question 44

Multiple Choice

The figure given below shows the demand curve in the U.S. and the cost curves in U.S. and India.Figure: 16.4
In the figure:
MC: Marginal cost curve
ATC: Average total cost curve
D: Demand curve in the U.S.MR: Marginal revenue curve in the U.S.
-Why has there been an increase in the inequality of income?

• A)The demand for skilled workers has declined.
• B)The demand for skilled workers has remained constant and the demand for unskilled workers has declined.
• C)The government policies went against the unskilled workers.
• D)The demand for skilled workers has increased and the demand for unskilled workers has not kept pace.
• E)The demand for unskilled workers has increased as they could be hired for lower wages.

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