Multiple Choice
If there is a permanent increase in the demand for cars, car manufacturers will want to hire ________ workers, which will cause wages in the industry to ________.
A) more, rise
B) more, drop
C) less, rise
D) less, drop
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: A firm may decide to shut down
Q3: Perfect completion means _ rivalry<br>A)perfect<br>B)absence of<br>C)fierce<br>D)intense
Q4: In a perfectly competitive market<br>A)each firm sets
Q5: _ is situation in which a particular
Q6: _ is a market in which there
Q7: Profits are maximized when the firm<br>A)captures the
Q8: If many students choose to study to
Q9: If a perfectly competitive firm finds that
Q10: If the supply curve for labor is
Q11: The demand curve for a perfectly competitive