Why do skilled workers earn relatively higher wages than, Ask an Expert

Economics

Why do skilled workers earn relatively higher wages than unskilled workers?

a. The marginal productivity of skilled workers is low.

b. The marginal cost of hiring skilled workers is low

c. There is an abundant supply of skilled workers.

d. The supply of skilled workers is relatively less.

e. The marginal cost of hiring unskilled workers is high.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91928397

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