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    Exam 10: Wage Determination
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    Refer to the Above Graph
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Refer to the Above Graph

Question 24

Question 24

Multiple Choice

  Refer to the above graph.What will shift D<sub>2</sub> to D<sub>1</sub>? A)  An increase in productivity B)  A decrease in product demand C)  A decrease in the price of complementary input D)  An increase in the price of a substitute input (if the substitution effect is greater than the output effect) Refer to the above graph.What will shift D2 to D1?


A) An increase in productivity
B) A decrease in product demand
C) A decrease in the price of complementary input
D) An increase in the price of a substitute input (if the substitution effect is greater than the output effect)

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