You have noticed that there is a persistent shortage of teachers in an inner-city school district in your state. Based on this observation, you suspect that:

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You have noticed that there is a persistent shortage of teachers in an inner-city school district in your state. Based on this observation, you suspect that:

A.there is an excess supply of teachers.

B.the wage for teachers at those schools is lower than the equilibrium wage.

C.the reservation price among teachers is lower than for other professions.

D.the wage for teachers at those schools is higher than at other schools in the state.

正确答案:the wage for teachers at those schools is lower than the equilibrium wage.

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