Question

Which of the following could explain the relatively high wages camed by certain medical professionals, Ike nurse practitioners

and physicians?

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

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

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

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

Answer 1

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

Step-by-step explanation:

Getting admitted into the medical field is tough and requires a lot of effort and time from an individual attempting to do so. Because expectations are high, many people decide not to go through the process of entering the medical field and choose a career path that is a little easier for them. Due to this, there is a less amount of people in the labor force fit for jobs in a medical field. Regardless of the wages provided for these positions, the quantity of labor in the medical field is relatively low.

Hope this helps!