Other Things Remaining the Same,which of the Following Is Likely

question 216

Multiple Choice

Other things remaining the same,which of the following is likely to decrease both the wage rate and the number of workers hired on a tea estate?

• A) An increase in the price of tea
• B) A decrease in the price of tea
• C) A decrease in the opportunity cost of leisure
• D) An increase in the opportunity cost of leisure

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