An increase in the amount of capital in the economy will shift the demand curve for labor to the left

Refer to Figure 10.8. Other things equal, a decrease in the nominal money supply would best be represented by

A) a movement from point A to point C. B) a movement from point A to point D. C) a shift from LM1 to LM2. D) a shift from LM2 to LM1.

If four hair products companies agree to decrease the output of their styling products and raise the price of their styling products to $18, this is an example of ________.

A) bid rigging B) resale price maintenance C) market division D) price fixing