An increase in labor productivity shifts the
A) labor demand curve rightward.
B) labor demand curve leftward.
C) labor supply curve rightward.
D) labor supply curve leftward.
A
Economics
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The supply curve for watches
A) is downward sloping. B) shows the relationship between the quantity of watches firms are willing and able to supply and the quantity of watches consumers are willing and able to purchase. C) shows the supply of watches consumers are willing and able to buy at any given price. D) shows the relationship between the price of watches and the quantity of watches supplied.
Economics
What is an agreement among members of an oligopoly to set prices and production levels called?
(A) Price leadership. (B) Competition. (C) Imperfect monopoly. (D) Collusion.
Economics