Refer to the Scenario Above

question 227

Multiple Choice

Refer to the scenario above.The increase in price of peaches will cause the equilibrium wage rate in this market to ________,and the employment to ________.

• A) increase; increase
• B) increase; decrease
• C) decrease; decrease
• D) decrease; increase

---

Definitions:

Feeling Good

A state of well-being, happiness, or satisfaction.

Deserving of Help

The notion or principle that certain individuals or groups are considered worthy of receiving support, assistance, or aid due to their circumstances or conditions.

Blood Donors

Individuals who voluntarily provide their blood for use in transfusions or for the manufacture of blood products.

Part-Time Job

Employment with fewer hours per week compared to a full-time position, often offering flexibility but with fewer benefits than full-time employment.