Question: Answer and explain your answer for each of the events listed below. a. What happens to the supply curve of new homes if the wage
Answer and explain your answer for each of the events listed below.
a. What happens to the supply curve of new homes if the wage rate paid to carpenters falls?
b. Companies can produce both cardigan sweaters and pullover sweaters. What happens to the supply curve of cardigan sweaters if the price of a pullover sweater increases?
c. What happens to the supply curve of pig's feet if the price of fried pork rinds decreases?
d. The price of a metal detector rises. What happens to the supply and the supply curve of metal detectors?
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