Other things constant, a decrease in the demand for hair dryers will
a. increase the price of hair dryers.
b. increase the quantity supplied of hair dryers.
c. increase the demand for hair dryer manufacturing workers.
d. decrease the demand for hair dryer manufacturing workers.
D
You might also like to view...
The price of a computer in the United States is $1,000. The price of a car in Germany is 10,000 euros. The current exchange rate is 0.9 euros per dollar
a) If a computer is exported from the United States to Germany with no barriers to trade, what will be the price of the computer in Germany? b) If a car is imported to the United States from Germany with no barriers to trade, what will be the price of the car in the United States? c) Suppose the dollar appreciates by 10 percent against the euro. How will the price of a computer exported from the United States change in Germany? d) Suppose the dollar appreciates by 10 percent against the euro. How will the price of a car imported to the United States from Germany change in the United States?
The ultimate bargaining tool for unions is
A) the strike. B) "labor's Magna Carta." C) the Taft-Hartley Act. D) the sympathy strike.