Fast-food outlets in Newtown hire teenagers and seniors. Newtown becomes a major tourist center attracting thousands of additional visitors every day. 1) The_______labor in the fast-food market_____________ A. supply of decreases B. demand for increases C. supply of decreases D. demand for decreases; 2) The wage rate________and the number of fast-food workers employed_____ A. rises; decreases B. rises; increases C. falls, decreases D. falls, increases
Fast-food outlets in Newtown hire teenagers and seniors. Newtown becomes a major tourist center attracting thousands of additional visitors every day. 1) The_______labor in the fast-food market_____________ A. supply of decreases B. demand for increases C. supply of decreases D. demand for decreases; 2) The wage rate________and the number of fast-food workers employed_____ A. rises; decreases B. rises; increases C. falls, decreases D. falls, increases
Chapter5: Markets In Motion And Price Controls
Section: Chapter Questions
Problem 3P
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Question
Fast-food outlets in Newtown hire teenagers and seniors.
Newtown becomes a major tourist center attracting thousands of additional visitors every day.
1) The_______labor in the fast-food market_____________
A. supply of decreases
B.
C. supply of decreases
D. demand for decreases;
2) The wage rate________and the number of fast-food workers employed_____
A. rises; decreases
B. rises; increases
C. falls, decreases
D. falls, increases
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