If the selling price of a bushel of cranberries rises, we would expect the demand for labor in the cranberry industry to
A)increase.
B)decrease.
C)be unchanged.
D)increase by less than the corresponding decrease in supply.

Question

Quizplus · Accepted Answer

When the selling price of a bushel of cranberries rises, it typically leads to an increase in production to capitalize on the higher prices, which in turn increases the demand for labor in the cranberry industry.

If the Selling Price of a Bushel of Cranberries Rises