Skilled men receive higher wages than unskilled because

Business Management Mcqs

A.The job is more difficult
B.The limited supply of skilled men
C.the productivity of skilled men is greater than that of unskilled men
D.Skilled men possesses certain attributes which the unskilled men do not and therefore earn economic rent
E.All of the above

Leave a Reply

Your email address will not be published. Required fields are marked *