Question

According to the National Association of Colleges and Employers, the average starting salary for Chemical

Engineering college graduates was $68,239 in 2017 and is projected to be $72,889 in 2019, while the starting
salary for History college graduates was $39,618 in 2017. Since both fields require four years of college, which
of the following accounts for at least some of the difference in starting salaries?
A. More students enjoy studying History than enjoy the math and science needed to get a degree in
Chemical Engineering
B. The demand is higher for History majors because they know more.
C. Chemical Engineering is a more glamorous field than History.
D. It is far more difficult to get a degree in History than in Chemical Engineering.
2 of 10

Answer 1

A

Step-by-step explanation:

When we have more students that enjoy studying history than enjoy studying math and science needed to get a degree in Chemical engineering , this will lead to a large no of history graduates in the labor market making the availability of chemical engineers graduate to be fewer and the demand for it higher.

This in effect cause a higher income for the chemical engineers as they become more of a scarce resources compared to history despite the students spending the same number of years to graduate in the college.