Multiple Choice
If the price of TVs produced by the XYZ-TV Company falls from $1,000 to $750 per TV set, then the:
A) supply of labor to the XYZ-TV Company increases.
B) supply of labor to the XYZ-TV Company decreases.
C) demand for labor by the XYZ-TV Company increases.
D) demand for labor by the XYZ-TV Company decreases.
Correct Answer:
Verified
Correct Answer:
Verified
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