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-Assume That Figure 4-16 Shows the Supply of Orange Juice

Question 132

Multiple Choice

-Assume that Figure 4-16 shows the supply of orange juice.A decrease in the wage rate paid to workers in the orange juice industry will shift supply from A) S<sub>1</sub> to S<sub>2</sub>. B) S<sub>2</sub> to S<sub>1</sub>. C) S<sub>3</sub> to S<sub>2</sub>. D) S<sub>3</sub> to S<sub>1</sub>.
-Assume that Figure 4-16 shows the supply of orange juice.A decrease in the wage rate paid to workers in the orange juice industry will shift supply from


A) S1 to S2.
B) S2 to S1.
C) S3 to S2.
D) S3 to S1.

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