More college students are graduating with $$\(B A\)$$ degrees in economics. Given this trend, we would expect the wage of economists, the employment of economists, and the demand for economics textbooks to change in which of the following ways?

A.
B.
C.
D.
E.
Microeconomics
AP
College Board
Exam No: AP Micro Practice Test 4 Year:2024 Question No:55

Answer:

A

Knowledge points:

2.1 Demand
2.2 Supply
2.7 Market Disequilibrium and Changes in Equilibrium
5.2 Changes in Factor Demand and Factor Supply

Solution:

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