Multiple Choice
Suppose that the wage for drive-thru clerks is $7 an hour at Burger King and $6.50 at McDonald's.The jobs are alike in all other respects.We would expect
A) an increase in the supply of and demand for drive-thru clerks at Burger King
B) an increase in the supply and a decrease in the demand for drive-thru clerks at Burger King
C) a decrease in the supply of drive-thru clerks at Burger King but no change in demand
D) an increase in the supply of drive-thru clerks at Burger King but no change in demand
E) a decrease in the supply of and demand for drive-thru clerks at Burger King
Correct Answer:
Verified
Correct Answer:
Verified
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