If the Demand for Alarm Clocks Decreases,the Effect on the Alarm

question 15

Multiple Choice

If the demand for alarm clocks decreases,the effect on the alarm clock job market will be to

• A)Increase the demand for labor and increase equilibrium wages.
• B)Reduce the supply of labor and increase equilibrium wages.
• C)Decrease the demand for labor and reduce equilibrium wages.
• D)Have no impact on equilibrium wages.

---

Definitions:

Shows

A term that could refer to displaying information on the screen or running a presentation or event in various contexts.

External File

A file created and stored outside the current application or database, which can be linked or imported for use.

Access Database

A Microsoft database management system that combines the relational Microsoft Jet Database Engine with a graphical user interface and software-development tools.

Importing Data

The process of bringing data from external sources into a database system.