Multiple Choice
Assume that due to the increase in the popularity of television reality shows in recent years, wages of the reality stars have decreased while the number of reality stars employed has increased. This means that the
A) supply of television stars has increased, while demand has remained constant.
B) demand for television stars has increased, while supply has remained constant.
C) demand for, and supply of, television stars have both increased, but supply has increased relatively more.
D) demand for, and supply of, television stars have both increased, but demand has increased relatively more.
Correct Answer:

Verified
Correct Answer:
Verified
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