21. Refer to Figure 18-2. The graph above illustrates the market for bakers who make homemade breads and breakfast pastries. If the bakery profession becomes more attractive to young women and men because of a new reality television show, what happens in the market for bakers? a. Demand increases from D1 to D2. b. Demand decreases from D2 to D1. c. Supply increases from S1 to $2. d. Supply decreases from S2 to S1.
21. Refer to Figure 18-2. The graph above illustrates the market for bakers who make homemade breads and breakfast pastries. If the bakery profession becomes more attractive to young women and men because of a new reality television show, what happens in the market for bakers? a. Demand increases from D1 to D2. b. Demand decreases from D2 to D1. c. Supply increases from S1 to $2. d. Supply decreases from S2 to S1.
Chapter16: The Markets For Labor, Capital, And Land
Section: Chapter Questions
Problem 17P
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