In Camarillo, when the demand for electricians ___________ slower than does supply of electricians, then wages and salaries of electricians will __________. Group of answer choices increases, rise decreases; fall increases; remain constant increases; fall

In Camarillo, when the demand for electricians _ slower than does supply of electricians, then wages and salaries of electricians will . Group of answer choices increases, rise decreases; fall increases; remain constant increases; fall

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter16: The Markets For Labor, Capital, And Land

Section: Chapter Questions

Problem 5P

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Question

In Camarillo, when the demand for electricians ___________ slower than does supply of electricians, then wages and salaries of electricians will __________.

Group of answer choices

increases, rise

decreases; fall

increases; remain constant

increases; fall

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