Multiple Choice
Assume that Figure 4-16 shows the supply of orange juice. A decrease in the wage rate paid to workers in the orange juice industry will shift supply from
A) S 1 to S 2 .
B) S 2 to S 1 .
C) S 3 to S 2 .
D) S 3 to S 1 .
Correct Answer:
Verified
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