Multiple Choice
The demand for automobiles fell when gasoline prices increased.Which of the following is likely to happen in this case,assuming all else equal?
A) The labor demand curve of automobile companies will shift to the right.
B) The labor demand curve of automobile companies will shift to the left.
C) The supply of labor to the automobile industry will increase.
D) The supply of labor to the automobile industry will decrease.
Correct Answer:
Verified
Correct Answer:
Verified
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