Examlex
Which of the following is likely to shift the demand curve for carpenters leftward,assuming all else equal?
Positive Economic Profits
Earnings that exceed the total opportunity costs of all inputs, indicating a return above the normal profit level.
Expand
To increase in size, number, or importance, often relating to businesses aiming to grow through increased operations, product lines, or market reach.
Equilibrium
The condition that exists when quantity supplied and quantity demanded are equal. At equilibrium, there is no tendency for price to change.
Incentive
A factor, often financial, that motivates individuals or organizations to perform certain actions or behave in a desired way.
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