The Figures Given Below Show the Demand (D)and Supply (S)

The figures given below show the demand (D) and supply (S) curves of labor in two different markets.Figure 16.3

-If the supply of skilled workers is increased such that it is equal to the supply of unskilled workers, we can expect:

A) wages of skilled workers to be equal to wages of unskilled workers.
B) wages of skilled workers to be lower than wages of unskilled workers.
C) wages of skilled workers to be higher than wages of unskilled workers.
D) wages of unskilled workers to fall from its current level.
E) wages of both skilled and unskilled workers to remain unaffected.

Correct Answer:

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