E-commerce and an internet presence are important to many firms,requiring employees with specialized skills that are in short supply.The invisible hand solves the employment problem by:
A)encouraging the government to set up new training programs.
B)giving selfish workers the incentive to acquire the skills in order to receive high wages.
C)allowing the few employees with the skills to exploit the firms.
D)moving slowly until the e-commerce craze ends.

Question

Quizplus · Accepted Answer

The allocative function of price,in this case wages,encourages people to enter professions that are in short supply.

E-Commerce and an Internet Presence Are Important to Many Firms,requiring