Microeconomics

MCQ - 159-4169

Question:

Which of the following increases the demand for interstate truck drivers?

An increase in the wage of truck drivers
An increase in the supply of truck drivers
An increase in the price of diesel fuel, which is used to power semitrucks
An increase in the supply of truck drivers
A decrease in the price of semitrucks

Correct Answer: E

Explanation:

Semitrucks are a complementary resource to the truck drivers. If the price falls, demand for the labor rises.

Previous Question

Next Question

Back to Section

Record Performance

269 MCQ for effective preparation of the test of Microeconomics of Economics section.

Read the MCQ statement: Which of the following increases the demand for interstate truck drivers? , keenly and apply the method you have learn through the video lessons for Microeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 159-4169.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

Share This Page

Full Films

TV Serials

Short Films

Upcoming Films