Which of the Following Would Cause the Demand Curve for Automobile

question 30

Multiple Choice

Which of the following would cause the demand curve for automobile workers to increase?

• A)A decrease in price in automobiles.
• B)A better organized assembly line where specialization increased output.
• C)Higher social security taxes.
• D)Higher gas prices.

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Definitions:

Volume

The quantity or amount of something, often used in context with sales volume or production volume.

Variable Cost

Expenses that change in proportion to the activity of a business, such as costs for raw materials, packaging, or labor directly associated with product manufacturing.

Activity Levels

The amount of effort or capacity utilized in the operations of a business, which can influence cost and operational efficiency.

Bonds Issued

The process of a corporation or government raising funds by selling bonds to investors.