Multiple Choice
An individual who possesses a specialized skill that is difficult to execute will
A) necessarily receive wages considerably higher than those who lack this skill.
B) receive a wage determined by the number of other persons possessing this skill.
C) receive a high wage only when this skill is in great demand relative to its supply.
D) receive a wage rate that is lower than similarly productive individuals who lack this skill.
Correct Answer:
Verified
Correct Answer:
Verified
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