An increase in the price of cars shifts the demand for car-manufacturing workers to the
A) right and increases the wage.
B) right and decreases the wage.
C) left and decreases the wage.
D) left and increases the wage.
Correct Answer:
Verified
Q21: An individual firm's demand for a factor
Q24: According to the signalling view, education
A) can
Q25: A competitive, profit-maximising firm should hire workers
Q27: A decrease in the supply of farm
Q28: If both input and output markets are
Q30: The rental price is the price a
Q36: If two jobs require the same amount
Q38: An increase in the demand for a
Q40: All of the following would tend to
Q47: In order for a market to support
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents