2.4 What effect does each of the following have on the supply curve of jeans? A fall in the price of transporting the jeans from Thailand, where they are made, to Ghana, where they are sold A rise in the wages paid the workers who sew jeans A fall in the price of jeans An decrease in the number of companies manufacturing jeans
2.4 What effect does each of the following have on the supply curve of jeans? A fall in the price of transporting the jeans from Thailand, where they are made, to Ghana, where they are sold A rise in the wages paid the workers who sew jeans A fall in the price of jeans An decrease in the number of companies manufacturing jeans
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 18P
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2.4 What effect does each of the following have on the supply curve of jeans?
- A fall in the price of transporting the jeans from Thailand, where they are made, to Ghana, where they are sold
- A rise in the wages paid the workers who sew jeans
- A fall in the price of jeans
- An decrease in the number of companies manufacturing jeans
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