Solved

Suppose Mobile App Engineers Have Been Making Earning a High

Question 154

Multiple Choice

Suppose mobile app engineers have been making earning a high wage rate and the number of individuals becoming mobile app engineers doubles. Then, in the market for mobile app engineers,


A) the equilibrium wage rate for mobile app engineers fall and the number of mobile app engineers hired falls.
B) demand increases because there are so many more mobile app engineers available.
C) because demand is not changing, no more mobile app engineers are hired.
D) the number of mobile app engineers employed falls as the market becomes saturated.
E) the equilibrium wage rate for mobile app engineers falls.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions