Answered

In general, what kind of people earn the most money?

A. People with skills that are in high demand and high in supply
B. People with skills that are in high demand but low in supply
C. People with skills that are in low demand and low in supply
D. People with skills that are in low demand but high in supply



Answer :

GinnyAnswer

Final answer:

High-skilled workers with skills in high demand and low supply tend to earn more due to the demand-supply dynamics in the labor market.


Explanation:

The market for high-skilled labor is influenced by the forces of supply and demand. Individuals with talents, skills, education, or training that are in short supply and high demand tend to earn more than those with common skills. When the demand for skilled workers exceeds the supply, skilled workers will earn higher incomes.


Learn more about Labor Market Dynamics here:

https://brainly.com/question/43207691


Other Questions