Responses
Jin’s goat farm has a decrease in customers during the summer, but Jin keeps his four employees on the payroll despite the change in demand.
Jin’s goat farm has a decrease in customers during the summer, but Jin keeps his four employees on the payroll despite the change in demand.
The Cup Cakery begins supplying cupcakes to six more cafes in June. Kartik, the owner, refuses to hire any more bakers despite the change in supply.
The Cup Cakery begins supplying cupcakes to six more cafes in June. Kartik, the owner, refuses to hire any more bakers despite the change in supply.
Juanita hires seasonal workers for her gift wrapping business, but this season demand for wrapping has decreased. Despite this, Juanita hires her usual four people.
Juanita hires seasonal workers for her gift wrapping business, but this season demand for wrapping has decreased. Despite this, Juanita hires her usual four people.
The Doggie Spaw gets 15 new customers each week, so the owner hires two more dog groomers to meet the change in demand.
The Doggie Spaw gets 15 new customers each week, so the owner hires two more dog groomers to meet the change in demand.
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1 answer
The scenario that best explains how changes in supply and demand affect changes in labor is:
The Doggie Spaw gets 15 new customers each week, so the owner hires two more dog groomers to meet the change in demand.
This situation illustrates a direct response to an increase in demand by increasing the labor supply (hiring more groomers) in order to meet that demand.
