Graph 4-2 -Refer to Graph 4-2. If the Demand Curve Shifts from Demand

question 85

Multiple Choice

Graph 4-2

-Refer to Graph 4-2. If the demand curve shifts from D₁ to D on the graph, this means that:

• A) firms are willing to supply less than before
• B) people are less willing to buy the product at any price than before
• C) people are now more willing to buy the product at any price than before
• D) the price of the product has decreased, causing consumers to buy more of the product

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Definitions:

Labor Legislation

Laws and regulations established to govern the rights and obligations of workers, employers, and unions, including standards for wages, hours, and working conditions.

Solidarity Union

A labor union that emphasizes collective action and the interdependence of workers, striving for equal rights and benefits across all members.

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Labor organizations that represent the interests of workers, independent of employer control or influence.

Poland

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