Multiple Choice
Assume that automobiles are a normal good. An increase in income will
A) shift the marginal revenue product curve of auto workers to the left.
B) move a firm down the marginal revenue product curve of auto workers.
C) shift the marginal revenue product curve of auto workers to the right.
D) have no effect on the marginal revenue product curve of auto workers.
Correct Answer:
Verified
Correct Answer:
Verified
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