Which of the Following Was a Consequence of Wisconsin's 2011

question 97

Multiple Choice

Which of the following was a consequence of Wisconsin's 2011 law limiting public employee union rights?

• A)The number of union members rose dramatically as public sector workers fought to repeal the law.
• B)The number of union members fell sharply.
• C)Governor Scott Walker was voted out of office in a recall election.
• D)The state experienced a shortage of public school teachers.

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Definitions:

Industry Supply Curve

A graphical representation that shows the relationship between the price of a good and the total output of the industry for that good.

Quantity Supplied

The amount of a good or service that producers are willing to sell at a given price over a certain period of time.

Fixed Cost

Fixed cost refers to expenses that do not change regardless of the business's level of output or sales, such as rent or salaries.

Long-Run Supply Curve

A curve that shows the relationship between market prices and quantities supplied over a period when all production inputs are variable.