Questions refer to the following diagram.

-Suppose this represents the market for U.S.autoworkers.If the government were to pass legislation mandating that all vehicles sold in the U.S.contain at least 50% domestically produced or assembled components,then:

Question

Questions  refer to the following diagram.
 
-Suppose this represents the market for U.S.autoworkers.If the government were to pass legislation mandating that all vehicles sold in the U.S.contain at least 50% domestically produced or assembled components,then:

Quizplus · Accepted Answer

Mandating that all vehicles sold in the U.S. contain at least 50% domestically produced or assembled components would increase the demand for U.S. autoworkers, as automakers would need more domestic labor to comply with the law. This increased demand would shift the demand curve to the right, likely increasing wages (economic rent) for U.S. autoworkers.

Questions Refer to the Following Diagram