Which of the following could explain the relatively high wages earned by certain medical

Question

professionals, like nurse practitioners and physicians? (1 point)

The age of our population leads to a relatively low quantity of labor demanded
at any given wage.

The age of our population leads to a relatively high quantity of labor supplied at
any given wage.

The training and certification required for these professions lead to a relatively
low quantity of labor supplied at any give wage.

The training and certifications required for these professions lead to a relatively
high quantity of labor supplied at any given wage.

Answer 1

The training and certification required for these professions lead to a relatively low quantity of labor supplied at any give wage.