Which of the following is likely to lead to a right shift in the demand curve for labor in the coffee producing industry?
A) A decrease in the price of tea
B) An increase in the demand for tea
C) A decrease in the demand for coffee
D) An increase in the demand for coffee
D
Economics
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A nation can produce two products: tanks and autos. The table below is the nation's production possibilities:
Refer to the above table. The total opportunity cost of three units of tanks is:
A. 6 units of tanks
B. 350 units of autos
C. 650 units of autos
D. 1000 units of autos
Economics
The MRP is
A) the supply curve of labor for an individual firm. B) the demand curve for labor for an individual firm. C) the demand curve for labor for the entire market. D) the supply curve of labor for the entire market.
Economics