1.Illustrate the following with supply or demand curves: a. A situation of excess labor demand caused by...

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1.Illustrate the following with supply or demand curves:

a. A situation of excess labor demand caused by a salary cap in the National Basketball Association (NBA).

b. The effect of a sharp decrease in gasoline prices on the demand for electric vehicles.

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Principles Of Economics

ISBN: 9780135161104

13th Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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