AuthorTopic: A supply curve question: which answer should I choose?
CFAMust
@2014-09-15 08:35:10
Question:
A coal mining company agrees to an across the board pay raise for its miners. How will this impact that firm's coal supply curve?

a) The quantity supplied will increase only.
b) The supply curve will shift to the right.
c) The supply curve will shift to the left.
d) Impossible to determine.
GreyArrow
@2014-09-17 10:50:15
Interesting one

SS curve should shift right but CETERIS PARIBUS only.

SO in this circumstance since the word ceteris paribus is not included in the answer I will go for (d) Impossible to determine
ncfa
@2014-10-12 10:40:49
no worries supply has nthg 2 do with labour wages/pay lolz , general rule , thik urself in same co situation and realise , so ans is "d" in given case
7284
@2014-10-13 03:09:21
@ncfa nice answer
Mikehuynh
@2014-11-25 13:55:58
answer "d" is the best among the four

CFA Discussion Topic: A supply curve question: which answer should I choose?

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