Suppose the wages of the cafeteria workers on campus increase by 10% forcing the price of meals to increase at the same time you

Question

3 years ago

5

Suppose the wages of the cafeteria workers on campus increase by 10% forcing the price of meals to increase at the same time you

r scholarship income doubles. (Cafeteria meals are an inferior good.) How will these changes impact the quantity and price levels in the cafeteria food market? Quantity / Price A. Increase / Indeterminate
B. Increase / Decrease
C. Decrease / Indeterminate
D. Decrease / Increase
E. Indeterminate / Decrease

Advanced Placement (AP)

1 answer:

N76 [4] · Answer 1 · 2022-06-09T19:35:57+03:00

N76 [4]3 years ago

6 0

B I think is the right answer