Which of the following is likely to shift the demand curve for corn farmers leftward, assuming all else equal?
A) A fall in the productivity of corn farmers due to increased pest attacks
B) A rise in the productivity of farmers due to better fertilizers
C) A fall in the wage rate of corn farmers
D) A rise in the wage rate of corn farmers
A
Economics
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The equilibrium level of aggregate planned expenditure is found where
A) there is no saving and no dissaving. B) net exports is zero. C) aggregate planned expenditure equals real GDP. D) autonomous expenditure equals equilibrium expenditure. E) the price level is rising at a constant rate.
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Who among the following faced an opportunity cost?
A) The fiancée B) The recently married bride C) The cheating spouse D) The divorcee E) All of the above.
Economics