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    Macroeconomics Study Set 41
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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 438

Question 438

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)  S<sub>1</sub><sub> </sub>to S<sub>0</sub>. B)  S<sub>0</sub><sub> </sub>to S<sub>1</sub>. C)  D<sub>1</sub><sub> </sub>to D<sub>0</sub>. D)  D<sub>0 </sub>to D<sub>1</sub>.
-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) S1 to S0.
B) S0 to S1.
C) D1 to D0.
D) D0 to D1.

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