Question

Sam works as a transcriptionist for $30,000 per year, and Janet works as a jet propulsion specialist for $73,000 per year. Which of the following statements could best explain the disparity in their incomes?

Janet's expertise is in low supply and low demand.

Janet's expertise is in low supply and high demand.

Sam's expertise is in high supply and high demand.

Sam's expertise is in low supply and high demand.

Answer 1

The answer is B

Step-by-step explanation:

Got it right

Answer 2

The statement that could best explain the disparity of Janet and Sam's income would be that Janet's expertise is in low supply and high demand. This is why she makes so much more than Sam. She would of had to go to school and train much longer than Sam had too. If there isn't many people with her education and experience, then the job would be a high demand job with not many applicants. The correct answer is B.