Solved

Figure 18-2 -Refer to Figure 18-2.If the Apple Pickers Start Working Fewer

Question 61

Multiple Choice

Figure 18-2
Figure 18-2    -Refer to Figure 18-2.If the apple pickers start working fewer hours (by taking more vacation time) ,what will happen to the equilibrium wage A) It will fall below W₁ due to a shift in demand. B) It will fall below W₁ due to a shift in supply. C) It will rise above W₁ due to a shift in demand. D) It will rise above W₁ due to a shift in supply.
-Refer to Figure 18-2.If the apple pickers start working fewer hours (by taking more vacation time) ,what will happen to the equilibrium wage


A) It will fall below W₁ due to a shift in demand.
B) It will fall below W₁ due to a shift in supply.
C) It will rise above W₁ due to a shift in demand.
D) It will rise above W₁ due to a shift in supply.

Correct Answer:

verifed

Verified

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

Related Questions