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Figure 3-5 -Suppose a Change Takes Place and as a Result the a Result

Question 144

Multiple Choice

Figure 3-5 Figure 3-5   -Suppose a change takes place and as a result the new equilibrium is at A in Figure 3-5.This change could have been caused by A) a reduction in the wages paid to workers in the CD industry. B) a decrease in the income of consumers. C) an increase in the wages paid to workers in the CD industry. D) a reduction in the price of CD players.
-Suppose a change takes place and as a result the new equilibrium is at A in Figure 3-5.This change could have been caused by


A) a reduction in the wages paid to workers in the CD industry.
B) a decrease in the income of consumers.
C) an increase in the wages paid to workers in the CD industry.
D) a reduction in the price of CD players.

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