Asked by
Mbalie & YenkO Njilo
on Nov 16, 2024Verified
What happens to labor supply in the pear-picking market when the wage paid to apple pickers increases?
A) The labor supply will stay unchanged until the wages paid to pear pickers change.
B) The labor supply will decrease.
C) The labor supply will increase.
D) The labor supply may fall or rise, depending on the price of pears.
Labor Supply
Refers to the total hours that workers are willing and able to work for at a given wage rate in a specific period.
Apple Pickers
Workers engaged in the agricultural practice of harvesting apples from orchards.
- Explore the impact of external factors, like immigration and the allure of certain industries, on employment markets.
Verified Answer
TR
Learning Objectives
- Explore the impact of external factors, like immigration and the allure of certain industries, on employment markets.