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Wages for Workers Producing IPods and Similar Products Will Rise

Question 211

Multiple Choice

Wages for workers producing iPods and similar products will rise next year. Walkman Watch asks you to predict the effect of this change in next yearʹs market for iPods. You predict that the major effect will be that the


A) demand curve for an iPod will shift rightward.
B) supply curve for an iPod will shift rightward.
C) supply curve for an iPod will shift leftward.
D) demand curve for an iPod will shift leftward.

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