Graph 18-2

-Refer to Graph 18-2. If the price of apples falls, which of the following will happen? (i) the equilibrium quantity of labour will exceed L₁
(ii) the equilibrium wage paid to apple pickers will exceed W₁
(iii) the demand curve will shift down

Question

Graph 18-2
Graph 18-2 -Refer to Graph 18-2. If the price of apples falls, which of the following will happen? (i) the equilibrium quantity of labour will exceed L<sub>1</sub> (ii) the equilibrium wage paid to apple pickers will exceed W<sub>1</sub> (iii) the demand curve will shift down A) (i) and (ii) B) (i) and (iii) C) (ii) only D) (iii) only

Graph 18-2 -Refer to Graph 18-2. If the price of apples falls, which of the following will happen? (i) the equilibrium quantity of labour will exceed L<sub>1</sub> (ii) the equilibrium wage paid to apple pickers will exceed W<sub>1</sub> (iii) the demand curve will shift down A) (i) and (ii) B) (i) and (iii) C) (ii) only D) (iii) only

-Refer to Graph 18-2. If the price of apples falls, which of the following will happen? (i) the equilibrium quantity of labour will exceed L₁
(ii) the equilibrium wage paid to apple pickers will exceed W₁
(iii) the demand curve will shift down

Quizplus · Accepted Answer

The Answer of Graph 18-2 -Refer to Graph 18-2. If the price of apples falls, which of the following will happen? (i) the equilibrium quantity of labour will exceed L₁ (ii) the equilibrium wage paid to apple pickers will exceed W₁ (iii) the demand curve will shift down

Graph 18-2 -Refer to Graph 18-2. If the Price of Apples Falls