Multiple Choice
Auto workers negotiate a wage increase. How does this wage hike affect the supply of cars?
A) It decreases the supply.
B) It increase the supply.
C) It has no effect.
D) There is not enough information to tell if the change increases, decreases, or has no effect on the supply of cars.
Correct Answer:
Verified
Correct Answer:
Verified
Q11: The "law of demand" states that changes
Q12: Between 2000 and 2015, advances in PC
Q13: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figures
Q14: Crude oil can be refined into home
Q15: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure illustrates
Q17: The price of the steel used to
Q18: The quantity supplied of a good or
Q19: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure
Q20: If the price of aluminum used to
Q21: Which of the following decreases the supply