-In the figure above, the demand and supply of high-skilled workers has an H subscript and the demand and supply of low-skilled workers as an L subscript. In the market for low-skilled labor, the equilibrium wage rate is
A) $4.
B) $6.
C) $10.
D) $14.

Question

-In the figure above, the demand and supply of high-skilled workers has an H subscript and the demand and supply of low-skilled workers as an L subscript. In the market for low-skilled labor, the equilibrium wage rate is
A) $4. 
B) $6. 
C) $10. 
D) $14.

Quizplus · Accepted Answer

The Answer is A

-In the Figure Above, the Demand and Supply of High-Skilled