Suppose the Market for Pizza Makers Is Initially in Equilibrium

question 251

Multiple Choice

Suppose the market for pizza makers is initially in equilibrium, but then the equilibrium wage rate and the equilibrium quantity of labor both increased. What happened in the market for pizza makers?

• A) The demand for pizza makers increased.
• B) The demand for pizza makers decreased.
• C) The supply for pizza makers increased.
• D) The supply for pizza makers decreased.

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