High-Skilled Workers Earn More Than Low-Skilled Workers in Part Because

question 99

Multiple Choice

High-skilled workers earn more than low-skilled workers in part because the high-skilled workers have

• A) a higher value of marginal product.
• B) a lower value of marginal product.
• C) better health.
• D) fewer deductions.
• E) a greater supply than do low-skilled workers.

---

Definitions:

Basic Earnings

The net income available to common shareholders, divided by the weighted average number of common shares outstanding.

Weighted Average

A calculation that takes into account the proportional relevance of each component, rather than treating them equally.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Common Shares

Equity securities that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.