Question: Suppose auto workers receive a substantial wage increase. Other things being equal, the price of autos will rise because of a (an) a. increase in
Suppose auto workers receive a substantial wage increase. Other things being equal, the price of autos will rise because of a (an)
a. increase in the demand for autos.
b. rightward shift of the supply curve for autos.
c. leftward shift of the supply curve for autos.
d. reduction in the demand for autos.
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