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Author Question: The demand curve for high-skilled labor lies to the right of the demand curve for low-skilled labor ... (Read 379 times)

HCHenry

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on: Jun 29, 2018
The demand curve for high-skilled labor lies to the right of the demand curve for low-skilled labor because
 
  A) there are more high-skilled workers than low-skilled workers.
  B) high-skilled workers require more compensation to convince them to work than do low-skilled workers.
  C) high-skilled labor is more productive than low-skilled labor.
  D) firms need not be concerned with the minimum wage in the market for high-skilled labor.

Question 2

In the above figure, which curve is an indifference curve for someone who views frozen pizzas and milk as perfect complements?
 
  A) indifference curve F
  B) indifference curve G
  C) indifference curve H
  D) indifference curve I


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at

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


HCHenry

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ricroger

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Reply 3 on: Yesterday
Excellent

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