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KaptainZ KaptainZ
wrote...
Posts: 349
6 years ago
An outward shift in the consumer demand for wheat will
A) raise the price of wheat and shift inward the marginal revenue product of labor producing wheat.
B) lead to more capital and less labor used in producing wheat.
C) raise the price of wheat and shift out the marginal revenue product of labor producing wheat.
D) lead to downward pressure on the wages of those producing wheat.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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sudenziasudenzia
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Posts: 154
6 years ago
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KaptainZ Author
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6 years ago
White Heavy Checkmark Correct!
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