3. Suppose that you observe that the wages for accountants in your town have gone up and that the number of accountants employed has also gone up. Whi one of the following conditions could explain this? Illustrate your answer with a graph and explain in a brief paragraph.

a. Businesses are failing, reducing the need for accountants.

b. Many accountants are leaving the field in order to train to become financial analysts instead.

c. A rash of business scandals has increased the demand for auditing services performed by accountants.

d. e local university has just graduated an unusually large group of accountants.