Asked by Hazel
Why is the equilibrium wage higher for doctors than for convenience store clerks?
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A. The demand for convenience store clerks is equal to the demand for doctors.
B. Supply of doctors is relatively low, and the demand is relatively high.******
C. The demand for convenience store clerks is low, but supply is low, too.
D. Supply of doctors is relatively high and the demand is relatively low.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
A. The demand for convenience store clerks is equal to the demand for doctors.
B. Supply of doctors is relatively low, and the demand is relatively high.******
C. The demand for convenience store clerks is low, but supply is low, too.
D. Supply of doctors is relatively high and the demand is relatively low.
Answers
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