If the Trade Union in a Factory That Produces Good

question 55

Multiple Choice

If the trade union in a factory that produces good X goes on an indefinite strike, which of the following is likely to happen?

• A) The supply curve for good X will shift to the right.
• B) If demand remains unchanged, the equilibrium quantity of good X will increase.
• C) If demand remains unchanged, the equilibrium price of good X will increase.
• D) The demand curve for good X will shift to the right.