Solved

Use the Figure Below to Answer the Following Questions

Question 80

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions.     Figure 19.3.2 -Refer to Figure 19.3.2. At a wage rate of $5, an employer would hire A) the same amount of high-skilled workers and low-skilled workers. B) 20 hours of low-skilled labour and 40 hours of high-skilled labour. C) 60 hours of low-skilled labour and 20 hours of high-skilled labour. D) 20 hours of low-skilled labour and 60 hours of high-skilled labour. E) 40 hours of low-skilled labour and 60 hours of high-skilled labour.
Figure 19.3.2
-Refer to Figure 19.3.2. At a wage rate of $5, an employer would hire


A) the same amount of high-skilled workers and low-skilled workers.
B) 20 hours of low-skilled labour and 40 hours of high-skilled labour.
C) 60 hours of low-skilled labour and 20 hours of high-skilled labour.
D) 20 hours of low-skilled labour and 60 hours of high-skilled labour.
E) 40 hours of low-skilled labour and 60 hours of high-skilled labour.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions