Which of the following would explain why Josh's Limo Service might increase its demand for limo drivers?
A) an increase in demand for limo rides, resulting in a rise in the price of a limo ride
B) a decrease in the demand for limo rides
C) a fall in the price of a taxi ride
D) a rise in the wage paid to limo drivers
A
Economics
You might also like to view...
A current account deficit implies that
A) the country is a net lender with the rest of the world. B) the country is running a net capital account surplus. C) foreign investment in domestic securities is at very low levels. D) All of the above.
Economics
A company can hire non-union workers, but a condition of their employment is that they must join the union within their first 90 days on the job. This is an example of a
A) right-to-work law. B) closed-shop. C) union shop. D) voluntary craft union.
Economics