Multiple Choice

Figure 18-2

-Refer to Figure 18-2.What happens to the profit earned by apple producers and the wage earned by apple pickers when the price of apples falls
A) Both profit and the wage will fall.
B) Both profit and the wage will rise.
C) Profit will rise, and the wage will fall.
D) Profit will fall, and the wage will rise.
Correct Answer:
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