Producers of DVDs are able to lower the wage rate that they pay to their workers. You predict that the
A) price will rise.
B) quantity supplied will decrease.
C) supply curve will shift leftward.
D) supply curve will shift rightward.
D
Economics
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Better health allows people to work harder, which raises a country's total income. This indicates that in effect, better health
A) is a primary cause of price increases. B) reduces the incentive to work. C) shifts out a country's production possibilities frontier. D) increases consumer surplus.
Economics
If the U.S. experiences an enormous surge of immigration, we could predict it would make the labor supply:
A. decrease and shift to the right. B. increase and shift to the right. C. increase and shift to the left. D. decrease and shift to the left.
Economics