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Other things being equal, an increase in wages paid to workers in firms making portable power banks will cause

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Other things being equal, an increase in wages paid to workers in firms making portable power banks will cause

Question 1.

Refer to the above table. The market quantity supplied when the price is $7 is

• 0.

• 29.

• 38.

• 20.

Question 2.

Other things being equal, an increase in wages paid to workers in firms making portable power banks will cause

• the supply of portable power banks to decrease.

• the quantity of portable power banks demanded to increase.

• the demand for portable power banks to decrease.

• the quantity of portable power banks supplied to decrease.

Textbook

Economics Today: The Micro View

Edition: 19^th

Author: Miller

Read 93 times

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sadeen

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More solutions for this book are available here

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Clement Author

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5 years ago

Exactly what I needed for my project, TYSM

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