Solved

Consider a Perfectly Competitive Labour Market for Video-Game Designers

Question 58

Multiple Choice

Consider a perfectly competitive labour market for video-game designers.Which of the following will shift the demand curve for these workers to the right?
1) an increase in the equilibrium wage rate for video-game designers;
2) a decrease in the market price of video games;
3) new software that improves the design process.


A) 1 only
B) 2 only
C) 3 only
D) 1 and 2
E) 2 and 3

Correct Answer:

verifed

Verified

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

Related Questions