Examlex
Which of the following might cause the demand curve for an inferior good to shift to the left?
Union Effective
The degree to which a labor union is able to improve working conditions, wages, and benefits for its members.
Fixed Capital
Assets with long-term use in the production process, such as buildings, machinery, and equipment, which are not consumed in the production but are essential for it.
Productivity
A measure of the efficiency of production, often expressed as the ratio of inputs to the outputs generated.
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