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Author Question: The figure above shows the market for high and low-skilled labor. Demand curve DA represents the ... (Read 355 times)

jho37

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on: May 24, 2019



The figure above shows the market for high and low-skilled labor. Demand curve DA represents the demand for ________ labor because ________.
◦ low-skilled; low-skilled labor has a lower value of marginal product of labor than high-skilled labor
◦ low-skilled; firms can afford to hire more low-skilled labor at lower wages
◦ low-skilled; low-skilled labor's marginal product declines faster than high-skilled labor
◦ high-skilled; firms cannot afford to hire as many high-skilled workers
◦ high-skilled; high-skilled workers pay higher wages so they have lower disposable income
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by jho37 on May 24, 2019

Silverbeard98

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jho37

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Reply #2 on: May 24, 2019
TY


Silverbeard98

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Reply #3 on: May 24, 2019
You're welcome


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