Which of the following variables will not cause the market supply curve of labor to shift?
A) a change in the labor participation rate of women
B) an increase in the number of people between the ages of 16 and 65
C) increases in population
D) a favorable change in consumer tastes
Question 2
Refer to Figure 10-9. The change in the budget constraint from BC1 to BC2 implies
A) income and the prices of DVDs and CDs have increased.
B) the price of DVDs has increased and the price of CDs has decreased.
C) the prices of DVDs and CDs have increased.
D) the price of DVDs has decreased and the price of CDs has increased.