In the market for jeans, which of the following events increases the demand for a pair of jeans? А. New technology reduces the time it takes to make a pair of jeans. В. The price of a denim skirt (a substitute for jeans) rises. C. The wage rate paid to garment workers rises. D. The price of denim cloth falls B.

In the market for jeans, which of the following events increases the demand for a pair of jeans? А. New technology reduces the time it takes to make a pair of jeans. В. The price of a denim skirt (a substitute for jeans) rises. C. The wage rate paid to garment workers rises. D. The price of denim cloth falls B.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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