menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Microeconomics
  4. Exam
    Exam 18: Markets for Factors of Production
  5. Question
    Suppose the Price of Oranges Rises
Solved

Suppose the Price of Oranges Rises

Question 97

Question 97

Multiple Choice

Suppose the price of oranges rises. As a result, the


A) supply of orange pickers increases.
B) supply of orange pickers decreases.
C) demand for orange pickers increases.
D) demand for orange pickers decreases.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q92: If the interest rate is 20 percent,

Q93: The present value of a stream of

Q94: An increase in the price of a

Q95: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Consider the labor

Q96: According to the Hotelling Principle, the price

Q98: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure

Q99: According to a 1963 edition of the

Q100: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure

Q101: A rational individual would be indifferent between

Q102: A fall in the price of a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines