What Will Happen If Carpenters Can Earn More Building Homes

question 16

Multiple Choice

What will happen if carpenters can earn more building homes than making furniture?

• A)The supply of and demand for carpenters in building homes will increase.
• B)The supply for carpenters in building homes will increase and the demand will decrease.
• C)The supply for carpenters in building homes will decrease.
• D)The supply for carpenters in building homes will increase, demand will not change.
• E)The supply of and demand for carpenters in building homes will both decrease.

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Definitions:

Sample Information

Specific data or details derived from a subset of a larger population used for statistical analysis or inference.

Maintenance Company

A business specializing in providing upkeep, repair, and care services for buildings, equipment, or machinery.

Expected Payoff

The average outcome or result anticipated from a given action, decision, or investment, after considering all possible outcomes and their probabilities.

Graphic Design

The art of combining text and pictures in advertisements, magazines, books, and more.