Which of the following is likely to occur when there is a substantial increase in the market demand for coffee?
a. The wages of workers employed in coffee plantations will fall

b. The price of 10-gram coffee sachets will decrease.
c. The demand curve for coffee plantation workers will shift to the right.
d. The demand curve for coffee plantation workers will become horizontal.

c

Economics

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Which of the following is not an example of human capital formation?

A) Increases in the educational achievements of the population B) Increases in job skills of the labor force C) Improvements in the nutrition and health of the labor force D) Increases in the birth rate of the population

Economics

If an event will NOT occur, it has a probability (pr) of

A) 0. B) 0 < pr < 1. C) 1. D) Not enough information to determine.

Economics