Refer to Table 4-8. If a minimum wage of $9.50 an hour is mandated, what is the quantity of labor demanded?

In the second half of the 1990s a rapidly growing movement focused on the harm caused by international trade to

A) land owners in poor countries. B) capital owners in rich industrialized countries. C) land owners in rich industrialized countries. D) production workers in both rich and poor countries. E) terms of trade in developing countries.

If the market demand curve in a perfectly competitive industry shifts right, the demand curve for each existing firm will: a. shift up

b. shift down. c. shift right. d. shift left.