If an electricians' union is successful in its attempts to restrict entry into that craft, it will shift:

Question

​If an electricians' union is successful in its attempts to restrict entry into that craft, it will shift:

Quizplus · Accepted Answer

Restricting entry into the electrician craft would limit the number of individuals who can become electricians, leading to a decrease in the supply of electricians. This would shift the supply curve to the left. It would not directly affect the demand for electricians, so the demand curve would remain the same.

​If an Electricians' Union Is Successful in Its Attempts to Restrict

If an Electricians' Union Is Successful in Its Attempts to Restrict