Multiple Choice
If other things are held constant,an increase in wages earned by workers in the steel industry will cause
A) the demand for autos to decrease.
B) the supply of autos to decrease.
C) the quantity supplied of steel to decrease.
D) the quantity of autos supplied to decrease.
Correct Answer:
Verified
Correct Answer:
Verified
Q154: When demand decreases and supply increases,it is
Q155: Table 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Table 3-1
Q156: Table 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Table 3-1
Q157: Using a graph,explain how expectations of future
Q158: In any given market,prices are determined by<br>A)comparative
Q160: A decrease in demand is shown graphically
Q161: A shortage will occur whenever<br>A)the supply curve
Q162: Figure 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 3-2
Q163: When the price of a good falls,there
Q164: Table 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Table 3-2