Compared to Low-Skilled Workers,high-Skilled Workers Have a ________ Value of Marginal

question 67

Multiple Choice

Compared to low-skilled workers,high-skilled workers have a ________ value of marginal product and ________ opportunity cost of obtaining their skills.

• A) higher; a higher
• B) higher; a lower
• C) lower; a higher
• D) lower; a lower
• E) higher; the same

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Definitions:

Alternative Hypothesis

A hypothesis that contradicts the null hypothesis, proposing that there is a significant difference or relationship in the data being analyzed.

Manufacturer

A company or individual that produces finished goods from raw materials on a large scale using machinery.

Freshman Class

The group of students in their first year at a high school, college, or university.

Graduated

Having completed a course of study and received a diploma or degree from an educational institution.