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wage curve

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riverdad
 
Reply Sun 6 Dec, 2020 10:47 am
I remember reading about an economics curve relating to wages associated with overall product life. It looked like an inverted bell curve and showed the best paying jobs were at the beginning (R&D, engineering) and at the end (sales). Can anyone identify this curve/idea?
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jespah
 
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Reply Sun 6 Dec, 2020 11:07 am
@riverdad,
Sounds like it's based on (but not exactly like) the Laffer Curve.
https://www.investopedia.com/terms/l/laffercurve.asp#:~:text=The%20Laffer%20Curve%20is%20a,can%20increase%20total%20tax%20revenue.
https://qph.fs.quoracdn.net/main-qimg-6db451fc9be72b4f36c604703f3cd42f
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