Figure 18-6
-Refer to Figure 18-6. Which of the following is a possible explanation of the shift of the labor demand curve from D1 to D2?
A) The wage earned by automobile workers increased.
B) The price of automobiles increased.
C) The opportunity cost of leisure, as perceived by automobile workers, decreased.
D) Large segments of the population changed their tastes regarding leisure versus work.
Correct Answer:
Verified
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