What is the slope of the line in the graph?
A) +1/2
B) -1/2
C) +2
D) -2
E) -3/4
A
Economics
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Which of the following is an example of government influence on supply?
a) law of supply b) subsides c) marginal costs d) market supply curve
Economics
Suppose that the market for labor is initially in equilibrium. A decrease in the price of output will cause the equilibrium wage
a. and the equilibrium quantity of labor to rise. b. and the equilibrium quantity of labor to fall. c. to rise and the equilibrium quantity of labor to fall. d. to fall and the equilibrium quantity of labor to rise.
Economics