Question
1. Examples of Changing Wages. Identify one example of an occupation where the wage has significantly changed over time. Preferably, this is an example that
1. Examples of Changing Wages.Identify one example of an occupation where the wage has significantly changed over time. Preferably, this is an example that you have observed or desire to research. Be certain to apply the economic analysis of Chapter 28 in your post and tell us:
- What you believe was the most significant economic factor that caused the change in the wage.
- What are the labor and product markets involved?
- Lastly, are there any changes you would favor to any of the laws or regulations that would have stopped that wage change?
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
