Other Things Being Equal, the Effect of an Increase in the Price

question 23

Multiple Choice

Other things being equal, the effect of an increase in the price of Coca-Cola would cause a(n) :

• A) upward movement along the demand curve for Coca-Cola.
• B) leftward shift in the demand curve for Coca-Cola.
• C) downward movement along the demand curve for Coca-Cola.
• D) rightward shift in the demand curve for Coca-Cola.

---

Definitions:

Employers

Individuals or entities that hire and pay people to work for them, typically within the context of a business or organization.

Syndicalism

A political and economic theory promoting the direct action of workers and the management of industry through trade unions.

IWW

The Industrial Workers of the World, a radical labor union founded in 1905, aimed at uniting all workers in an effort to overthrow the employing class.

Direct Worker Actions

Collective activities undertaken by workers, such as strikes or work-to-rule, to exert pressure on employers during labor disputes.