1. The wages of carpenters are likely to increase when:

The length of the training period for carpenters decreased

There is an increase in the cost of carpentry tools

Licensing standards for the occupation are increased

More do-it-yourself home improvement centers open across the nation

2. According to resource demand theory, the demand for a resource will increase if the:

price of the resource increases

quantity of the resource decreases

price of the product the resource is producing increases

price of the product the resource is producing decreases