Multiple Choice
Use the figure below to answer the following questions.
Figure 19.3.2
-Refer to Figure 19.3.2. For the employer to hire 40 hours per week of both high-skilled and low-skilled labour,
A) high-skilled workers would have to earn a wage rate that is twice that of the low-skilled workers.
B) high-skilled workers would have to earn a wage rate that is less than that of the low-skilled workers.
C) high-skilled workers would have to earn a wage that is $2 more than the wage paid to low-skilled workers.
D) low-skilled workers would have to earn a wage that is $2 more than the wage paid to high-skilled workers.
E) high-skilled workers need to earn a wage that is between zero and $2 more than low-skilled workers.
Correct Answer:

Verified
Correct Answer:
Verified
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