Multiple Choice
If the Canadian Auto Workers union obtains a substantial wage increase for its workers, the price of automobiles will rise. What kind of shift can this price increase be attributed to?
A) a shift to the left of the supply curve for automobiles
B) a shift to the right of the demand curve for automobiles
C) a shift to the left of the demand curve for automobiles
D) a shift to the right of the supply curve for automobiles
Correct Answer:
Verified
Correct Answer:
Verified
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