Question

An increase in the wages of workers producing a good will most likely lead to which of the following? A. a decrease in the quantity of the good supplied C. a decrease in the supply of the good C. an increase in the quantity of the good supplied D. an increase in the supply of the good E. no change in the supply of the good

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If there is an increase in the wages of workers who work in the production of a certain good, the number of companies that are willing to pay the workers will be less due to the increase in the wages of the workers. As the quantity of goods produced decreases, due to the lack of workers, there will be a reduced supply of the said goods.

Hence, the correct answer is the option b) a decrease in the supply of the good\textbf{b) a decrease in the supply of the good}.

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