If the Price of Hair Styling Increases, Then

question 80

Multiple Choice

If the price of hair styling increases, then

• A) the value of marginal product of each hair stylist increases and the demand curve for hair stylists shifts rightward.
• B) hair stylists demand an increase in wages and the salons hire fewer workers.
• C) hair styling salons hire fewer workers but make more profit.
• D) the value of marginal product of each hair stylist increases and the demand curve for hair stylists shifts leftward.

---

Definitions:

Prefixes

Sets of letters placed before a word to modify its meaning, such as "un-", "pre-", and "post-".

Mixed Fraction

A mathematical expression combining a whole number and a fraction, used to represent quantities greater than one.

Fraction

A mathematical expression representing the division of one quantity by another; a part of a whole.

Fraction

A fractional amount that signifies a portion of a whole, distinguished by not being an integer.