An increase in the market demand for electricians in the factor market might occur if the:
A)price of electrical repair and installation services rises.
B)demand for new houses falls.
C)price of copper electrical wiring increases.
D)wage for electricians falls.

Question

Quizplus · Accepted Answer

An increase in the market demand for electricians would occur if the price of electrical repair and installation services rises. As the demand for these services increases, the need for electricians to perform those services will also increase.

An Increase in the Market Demand for Electricians in the Factor