Other things constant, if a labor union is able to successfully increase the wages of autoworkers, there will be
a. an increase in the supply of automobiles causing the price of automobiles to fall.
b. an increase in the supply of automobiles causing the price of automobiles to rise.
c. a decrease in the supply of automobiles causing the price of automobiles to fall.
d. a decrease in the supply of automobiles causing the price of automobiles to rise.
D
Economics
You might also like to view...
In the formula for calculating the growth rate of multifactor productivity, the growth rate of labor productivity is represented by
A) y - n. B) b(k - n). C) bk/n. D) b - n.
Economics
___ is the process of putting together information into a symbolic form to send a message. You want it to be received in the way you intend it to be
Fill in the blank(s) with the appropriate word(s).
Economics