Exhibit 2A-6 -Exhibit 2A-6 Shows the Relationship Between the Price of Sodas

question 129

Multiple Choice

Exhibit 2A-6
-Exhibit 2A-6 shows the relationship between the price of sodas and the quantities that two families are willing to buy. Suppose that both families are willing to buy more sodas while the soda price remain constant. Which of the following is correct?

• A)A shift of both curves to the right
• B)A shift of both curves to the left
• C)A shift of the curve for Family A to the right and a shift of the curve for Family B to the left
• D)A shift of the curve for Family B to the right and a shift of the curve for Family A to the left
• E)A movement along each of the two curves

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Definitions:

National Industrial Recovery Act

A law enacted in 1933 as part of the New Deal to stimulate economic recovery by regulating industry, promoting fair wages and working hours, and encouraging collective bargaining for workers.

Right to Work Laws

Legislation that prohibits compulsory union membership or the requirement to pay union dues as a condition of employment in certain areas.

Organizational Resources

Assets, capabilities, processes, information, and knowledge that an organization controls and utilizes to achieve its objectives.

Anti-Union Consultants

Anti-Union Consultants are professionals hired by companies to prevent or disrupt the formation of labor unions among employees.