Use the Figure Below to Answer the Following Questions

Multiple Choice

Use the figure below to answer the following questions.

Figure 19.3.5
-Refer to Figure 19.3.5. This figure shows the labour supply curves and the value of marginal product curves for high-skilled and low-skilled workers. If there is an increase in the supply of high-skilled workers and the supply of high-skilled workers is now equal to the supply of low-skilled workers, then

A) wages paid to high-skilled workers would fall to $4 an hour.
B) wages paid to high-skilled workers would fall to $5 an hour.
C) wages paid to high-skilled workers would fall to $6 an hour.
D) there would be no change in the wages of high-skilled workers, because high-skilled workers always earn more than low-skilled workers.
E) there would be no change in the wages of high-skilled workers, because their value of marginal product is unchanged.