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    Macroeconomics Study Set 40
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    Exam 3: Demand and Supply
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    -The Figure Above Shows the Market for Airline Tickets
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-The Figure Above Shows the Market for Airline Tickets

Question 515

Question 515

Multiple Choice

  -The figure above shows the market for airline tickets. In early 2008 firms negotiated lower wages with their workers. This change is shown in the figure as a shift from A)  D<sub>1</sub><sub> </sub>to D<sub>0</sub><sup>.</sup><sup> </sup> B)  S<sub>1</sub><sub> </sub>to S<sub>0</sub><sup>.</sup><sup> </sup> C)  D<sub>0</sub><sub> </sub>to D<sub>1</sub><sup>.</sup><sup> </sup> D)  S<sub>0 </sub>to S<sub>1</sub><sup>.</sup>
-The figure above shows the market for airline tickets. In early 2008 firms negotiated lower wages with their workers. This change is shown in the figure as a shift from


A) D1 to D0.
B) S1 to S0.
C) D0 to D1.
D) S0 to S1.

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