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FIGURE 3-1 -Refer to Figure 3-1.A Shift of the Demand Curve for Curve

question 120

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  FIGURE 3-1 -Refer to Figure 3-1.A shift of the demand curve for energy-efficient light bulbs from D to D<sup>2</sup> could be caused by A) an increase in the price of ordinary light bulbs. B) a change in preferences away from ordinary bulbs to energy-efficient bulbs. C) an expectation that new government regulation will require the use of energy-efficient light bulbs only. D) a decrease in the price of energy-efficient light bulbs. E) a news bulletin stating that energy-efficient light bulbs emit a harmful gas. FIGURE 3-1
-Refer to Figure 3-1.A shift of the demand curve for energy-efficient light bulbs from D to D2 could be caused by


Definitions:

Union Contracts

Agreements between labor unions and employers detailing wages, working conditions, and rights for union members.

Nonunion Workers

Employees who are not members of a labor union and do not have their employment terms negotiated collectively.

Union Density

The ratio of workers who are union members to the total number of workers in a given region or sector, indicative of the strength and reach of labor unions.

Labor Law

A body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on, working people and their organizations.

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