18 Assume that U.S. public high schools in some state have the same demand for English and...
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18 Assume that U.S. public high schools in some state have the same demand for English and math teachers. Because they have greater employment opportunities, however, the supply of math teachers is lower than the supply of English teachers. Assume, however, that by the rules of teachers unions, English and math teachers must be paid the same amount. Use supply and demand analysis to explore what is likely to happen in the market for English and math teachers.
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