Aeronautical Engineers Are a Factor of Production for Airplanes

question 6

Multiple Choice

Aeronautical engineers are a factor of production for airplanes.What will happen in the world market for airplanes when there is a worldwide shortage of aeronautical engineers?

• A)price will decrease,quantity exchanged will decrease
• B)price will decrease,quantity exchanged will increase
• C)price will increase,quantity exchanged will decrease
• D)price will increase,quantity exchanged will increase
• E)there will be no change in price or quantity exchanged

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