Author Question: Shortages prevail in the market for organ transplants at zero price. a. True b. False Indicate ... (Read 34 times)

tichca · **on:** Jun 30, 2018

Shortages prevail in the market for organ transplants at zero price.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A competitive firm produces notebooks which sell in the market at 2 each. The firm hires 40 workers. If the market price of the notebooks increases to 3.5 each, which of the following statements is true?
a. The firm's labor demand curve will become flatter.
b. The firm's labor demand curve will shift outward parallel to itself.
c. The firm's labor demand curve will shift outward parallel to itself.
d. The firm's labor demand curve will become steeper.