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Author Question: Human CapitalThe graph shows the demand for low-skilled labor (DLS), the demand for high-skilled ... (Read 232 times)

Triley39

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Human Capital

The graph shows the demand for low-skilled labor (DLS), the demand for high-skilled labor (DHS), the supply of low-skilled labor (SLS), and the supply of high-skilled labor (SHS).

Assume that P1=$19.50, P2=$28.00, P3=$32.00, P4=$50.00, Q1=120, Q2=255, Q3=390, and Q4=525. What is the wage differential between low-skilled and high-skilled workers?
◦ $8.50
◦ $30.50
◦ $18.00
◦ $4.00


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Marked as best answer by Triley39 on Nov 23, 2022

furthoh

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Triley39

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review


coreycathey

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Reply 3 on: Yesterday
Excellent

 

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