In one to two sentences, use the concepts of quantity of qualified providers and level of demand for labor to explain which occupations are likely to experience the lowest wages.
Occupations with a large quantity of qualified providers and a high level of demand for labor are likely to experience the lowest wages, as the abundance of qualified individuals in the market allows employers to pay lower salaries due to increased competition for jobs.
Occupations that have a high quantity of qualified providers relative to the level of demand for labor are likely to experience the lowest wages, as the surplus of supply can drive down the price of labor.
Occupations that have a high quantity of qualified providers but a low level of demand for labor are likely to experience the lowest wages, as the surplus of available workers results in less bargaining power and competition for job opportunities.
