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studyqude x * Dallas CoitoysBig loo ×/Gazzes. PRINCIPLES Ci X.\'1 Assignments .u

ID: 1124605 • Letter: S

Question

studyqude x * Dallas CoitoysBig loo ×/Gazzes. PRINCIPLES Ci X.'1 Assignments .usg edu/d2ims/quizzing/user/attempt/quiz start RINCIPLES OF MICR.. frame d21ou 14751408ispry 8drc 1Bqi 20 Lauren Parker -Calendar GALILEO () Maintenance -System Checker Help PRINCIPLES OF MICROECONOMICS Section 114 Fall Semester 2017 ge V Grades Classlist Content & Media· Communications Assessments FINAL EXAM (ECON 2106)- Quiz Time Left: 0:56:05 Lauren Parker: Attempt 1 Quiz Page 48 of 50 Previous Page Next Page Note: It is recommended thet you save your response as you complete each question Question 48 (1 point) Suppose the markot for pizza makers is initially in equilibrium, but then the equilibrlum wage rate increased and the equilibrlum quantity of labor will decreased. What happened in the market for pizza makers? 1) The supply for pizza makers decreased 2) The supply for pizza makers increased 3) The demand for pizza makers decreased 4) The dermand for pizza makers Increased Save Page 48 of so Previous Page Next Page Save All Go to Submit Quiz

Explanation / Answer

now here we can see that as there is an increase in wage rate this means that prices of raw material has increased thus this will lead to increas in cost of production,

thus supply for pizza will shift left and will be decreased.

so answer is 1