What Will Happen to the Demand Curve for Workers in Cotton

question 111

Multiple Choice

What will happen to the demand curve for workers in cotton farms if the price of cotton falls,assuming all else equal?

• A) There will be a downward movement along the demand curve for these workers.
• B) There will be an upward movement along the demand curve for these workers.
• C) There will be a left shift of the demand curve for these workers.
• D) There will be a right shift of the demand curve for these workers.

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing more accurate budgeting in variable cost situations.

Units

A quantifiable measure used in manufacturing, inventory, and other sectors, referring to the individual or standardized quantity of a product or material.

Units

A measure of quantity or amount, often used in the context of production, inventory, and sales in business.

Direct Materials

Raw materials that are traceable directly to the finished product and are an integral part of the finished product.