
Scenario 18-4
Aquaclena manufactures and supplies bottled water in Mexico.As a result of a contamination of water supplies at many of Mexico's resort communities, the demand for bottled water has increased.
-Refer to Scenario 18-4.When the labour market adjusts to its new equilibrium,what would we expect to result
A) the marginal product of labour to be higher than it was before the increase in demand for bottled water
B) the value of the marginal product of labour to be higher than it was before the increase in demand for bottled water
C) the price of bottled water to be lower than it was before the increase in demand for bottled water
D) the wages of Aquaclena's workers to be lower than they were before the increase in demand for bottled water
Correct Answer:
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