Asked by
Darian Gross
on Dec 12, 2024Verified
Low-skill workers earn a lower wage than more experienced, higher skilled workers because the
A) low-skill workers lack the intelligence necessary to do any other form of work.
B) low-skill workers were never given the opportunity to invest in human capital.
C) supply of low-skill workers is large relative to the demand for workers in this skill category.
D) low-skill workers are too lazy to search for other employment opportunities.
Supply of Low-skill Workers
The availability of workers without specialized training or high qualifications in the labor market.
- Evaluate the differences in pay rates between distinct groups of laborers and what causes these discrepancies.
Verified Answer
GC
Learning Objectives
- Evaluate the differences in pay rates between distinct groups of laborers and what causes these discrepancies.
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