(Figure: The Demand for Bricklayers) Use Figure: The Demand for Bricklayers.If the equilibrium market wage rate for bricklayers rises from $80 to $100,the _ bricklayers will _.

A) demand for;rise
B) quantity demanded of;rise
C) demand for;fall
D) quantity demanded of;fall

Question

(Figure: The Demand for Bricklayers) Use Figure: The Demand for Bricklayers.If the equilibrium market wage rate for bricklayers rises from $80 to $100,the _____ bricklayers will _____.

A) demand for;rise
B) quantity demanded of;rise
C) demand for;fall
D) quantity demanded of;fall

MMATHAPELO SEKWAYI THOTSE · Accepted Answer

Final Answer : D, Explanation :  A rise in the equilibrium wage rate would lead to an increase in the cost of hiring bricklayers which would cause firms to reduce the quantity of bricklayers demanded, leading to a fall in the quantity demanded of bricklayers. The demand for bricklayers would not change in this scenario.

(Figure: The Demand for Bricklayers) Use Figure: The Demand for Bricklayers.If the equilibrium market wage rate for bricklayers rises from $80 to $100,the _ bricklayers will _.

A) demand for;rise
B) quantity demanded of;rise
C) demand for;fall
D) quantity demanded of;fall

Definitions

Learning Objectives

Learning Objectives

Related questions

(Figure: The Demand for Bricklayers) Use Figure: The Demand for Bricklayers.If the equilibrium market wage rate for bricklayers rises from $80 to $100,the _____ bricklayers will _____.A) demand for;riseB) quantity demanded of;riseC) demand for;fallD) quantity demanded of;fall

Definitions

Learning Objectives

Learning Objectives

Related questions

(Figure: The Demand for Bricklayers) Use Figure: The Demand for Bricklayers.If the equilibrium market wage rate for bricklayers rises from $80 to $100,the _ bricklayers will _.

A) demand for;rise
B) quantity demanded of;rise
C) demand for;fall
D) quantity demanded of;fall