Author Question: Sarah is a high school graduate and James is a college graduate. Which of the following statements ... (Read 646 times)

asd123 · **on:** Jun 29, 2018

Sarah is a high school graduate and James is a college graduate. Which of the following statements is true?

A) Sara is likely to have more human capital than James.
B) James is likely to have more human capital than Sara.
C) Both Sara and James are likely to earn the same wage in the labor market.
D) Both Sara and James are likely to have the same amount of human capital.

Question 2

Refer to the scenario above. If Aqua Inc charges a price of 70 for each unit of Good A while Blu Corp . charges a price of 50, Blu Corp . will face a demand of ________ units.

A) 1,000
B) 1,500
C) 2,000
D) 3,000