Autoworkers negotiate a wage increase. how does this change affect the supply curve of cars?

1 answer:

6 0

Autoworkers negotiate a wage increase. this change will affect the supply curve of cars because A wage increase would shift supply curve leftward.

<h3>What is supply curve?</h3>

When there is a change in supply , it will definitely leads to a shift in the supply curve and this will bring imbalance in the market that is corrected by changing prices as well as demand.

When there is an increase in the change in supply shifts , it will shift supply curve to the right, and the decrease in the change in supply shifts the supply curve left.

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