Author Question: The demand curve for high-skilled labor lies to the right of the demand curve for low-skilled labor ... (Read 411 times)

HCHenry · **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