Figure 3-8

question 140

Multiple Choice

Figure 3-8
-Refer to Figure 3-8. The graph in this figure illustrates an initial competitive equilibrium in the market for motorcycles at the intersection of D₁ and S₁ (point A) . If there is an increase in the wages of motorcycle workers and an increase in the price of motorcycle insurance, a complement to motorcycles, the equilibrium could move to which point?

• A) A
• B) B
• C) C
• D) E

---

Definitions:

Input Tag

A marker or identifier used to signify the beginning of input in a data entry field or in programming to denote information that should be inputted into a system or application.

Output Tag

A label or identifier assigned to a specific output signal in a control system, helping in programming and troubleshooting.

Output Instructions

Commands within a program that direct a computer or device to produce or display the desired data or results, often to an output device like a screen or printer.