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36. (3pt) What is the equation relation called from the labor supply? 37. (3pt) Recall the relation equation derived from the labor supply is .

36. (3pt) What is the equation relation called from the labor supply?

37. (3pt) Recall the relation equation derived from the labor supply is . Use words to describe what this relation means.

38. (3pt) What is the equation relation called from the labor demand?

39. (3pt) Recall the relation equation derived from the labor demand is . Use words to describe what this relation means.

40. (3pt) What are the two variables of interest in the labor market model.

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