The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 58

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-Employers and workers in the protected industry know that the consequences of protection are principally:

• A)lower prices for their output, lower profits for owners, and lower wages for workers.
• B)higher prices for their output, lower profits for owners, and lower wages for workers.
• C)higher prices for their output, lower profits for owners, and higher wages for workers.
• D)lower prices for their output, higher profits for owners, and higher wages for workers.
• E)higher prices for their output, higher profits for owners, and higher wages for workers.

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Definitions:

Excellent Pay

Compensation or salary that is significantly higher than average, often reflecting a high level of skill, experience, or responsibility.

Job Market

The marketplace in which employers find workers and workers find jobs. It includes a variety of industries, roles, and employment types, and is influenced by economic conditions.

Organizational Culture

The cognitive component that includes the shared assumptions and beliefs of the organization.

Organizational Climate

The general perception or 'feel' of the workplace environment as perceived by employees, influenced by management practices, policies, and culture.