Question

the welding workforce (supply) is expected to grow due to a state program that has increased the access of the vocational education programs necessary to become proficient in the profession. unfortunately, the price of tools to be a welder have gone up. what impact will this development have on the supply of welders? (1 point)

the supply of welding will increase.

the supply of welding will be unaffected.

the supply of welding will decrease.

it is impossible to tell.

Explanation:

The state - program increasing vocational education access boosts welder supply. However, the rise in tool prices acts as a deterrent. Without knowing the magnitudes of these two opposing forces, it's hard to determine the net effect on the supply of welders.

Answer:

It is impossible to tell.