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1 er to the News Wire to answer two questions. 5 points Print JEWS WIRE LABOR SUPPLY housands of Job Seekers Brave Heat to Get

1
er to the News Wire to answer two questions.
5
points
Print
JEWS WIRE LABOR SUPPLY
housands of Job Seekers Brave Heat to Get Amazon Jobs
3altimore, MD. The line started forming at 4 a.m. By 8 a.m. there were over 3,000 people in the line naking around Amazon's fulfillment center. Despite 85-degree heat and equally high humidity, these reople were willing to stand in line for hours, just for a chance to land a job at Amazon's local fulfillment enter. By the end of the day, over 4,500 job-seekers had applied for the 1,200 jobs Amazon had posted, vhich pay wages of around $14 an hour. Amazon held similar job fairs in 11 other cities around the nation, romising to hire as many as 50,000 new employees.
iource: News accounts of August 2-4,2017.
I. What was the apparent market surplus at the Amazon job fair? people
If Amazon increased wages to $16.50 per hour, what do you predict will happen to that market surplus?
It would
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