Suppose Computer Technicians Have Been Making Earning a High Wage

question 123

Multiple Choice

Suppose computer technicians have been making earning a high wage rate and the number of individuals becoming computer technicians doubles.Then,in the market for computer technicians,

• A)the equilibrium wage rate for computer technicians fall and the number of technicians hired falls.
• B)demand increases because there are so many more technicians available.
• C)because demand is not changing,no more computer technicians are hired.
• D)the number of computer technicians employed falls as the market becomes saturated.
• E)the equilibrium wage rate for computer technicians falls.

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Definitions:

Rating Point

A measurement in broadcasting and advertising that indicates the percentage of the potential audience reached by a particular piece of media content.

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The cost associated with placing advertisements in various media channels like television, radio, print, or online.

Television Viewership

The number of viewers or audience size that watch television programming at a given time.

Mystery Shoppers

Individuals hired to pose as customers and evaluate the quality of service, product, and environment of retail stores or other businesses.