An increase in the demand for autoworkers may come about because of a(n) :

A) decrease in the price of cars.
B) decrease in the productivity of autoworkers.
C) decrease in the supply of other factors that autoworkers use in production.
D) increase in the price of cars.

Question

Emmalie Hankinson · Accepted Answer

Final Answer : D, Explanation :  An increase in the demand for autoworkers is most likely to come about as a result of an increase in the price of cars, as higher prices will lead to higher revenues for car manufacturers, and therefore a greater need for autoworkers to meet this increased demand. A decrease in the price of cars, decrease in productivity of autoworkers, or decrease in supply of other factors would not necessarily lead to an increase in demand for autoworkers.

An increase in the demand for autoworkers may come about because of a(n) :

A) decrease in the price of cars.
B) decrease in the productivity of autoworkers.
C) decrease in the supply of other factors that autoworkers use in production.
D) increase in the price of cars.

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Learning Objectives

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An increase in the demand for autoworkers may come about because of a(n) :A) decrease in the price of cars.B) decrease in the productivity of autoworkers.C) decrease in the supply of other factors that autoworkers use in production.D) increase in the price of cars.

Definitions

Learning Objectives

Learning Objectives

Related questions

An increase in the demand for autoworkers may come about because of a(n) :

A) decrease in the price of cars.
B) decrease in the productivity of autoworkers.
C) decrease in the supply of other factors that autoworkers use in production.
D) increase in the price of cars.