Painters who paint water towers earn higher wages relative to painters who paint houses because
A) painting water towers is more risky than painting houses.
B) the tower painters' union is probably more powerful than the house painters' union.
C) the demand for tower painters is greater than the demand for residential painters.
D) the supply of water tower painters exceeds the supply of house painters.
A
You might also like to view...
In the ________ increases in the supply of money will ________
A) long run; lead to lower prices B) short run; raise total demand and output C) long run; raise total demand and output D) short run; decrease total demand and output
Inga's graph of her budget line has apples per week on the vertical axis and loaves of bread per week on the horizontal. A fall in the price of an apple shifts the
A) horizontal intercept leftward. B) horizontal intercept rightward. C) vertical intercept downward. D) vertical intercept upward.