In the figure above, the difference in wage rate between ...

[schs14]

In the figure above, the difference in wage rate between low-skilled and high-skilled labor is
 
  A) 16.
  B) 8.
  C) 20.
  D) 28.

Question 2

At the best affordable point, consumers equate their marginal rates of substitution to
 
  A) their money income.
  B) their real income.
  C) relative prices.
  D) relative quantities.

[catron30]

Answer to Question 1

C

Answer to Question 2

C

[schs14]

Thanks for the timely response, appreciate it

[vickyvicksss]

Excellent