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Back to Assignment AttemptsAttempt 1 score is 1Keep the Highest1 out of 4 1/4 3. How changes in the goods market affect the demand for

Back to Assignment

AttemptsAttempt 1 score is

1Keep the Highest1 out of 4

1/43. How changes in the goods market affect the demand for labor

In this question, you'll explore the effect of a drought in Washington State on the price of raspberries in the United States, as well as on the daily wages of raspberry pickers in Oregon. Assume that raspberry buyers don't care whether their raspberries come from Washington State or Oregon.

On the following graph, show the effect the drought in Washington State has on the market for raspberries in the United States by shifting either the demand curve, the supply curve, or both.

Market for Raspberries in the United States

Demand

Supply

0

75

150

225

300

375

450

525

600

675

750

20

18

16

14

12

10

8

6

4

2

0

PRICE (Dollars per quart)

QUANTITY (Millions of quarts of raspberries)

Demand

S

1

S

2

300, 12

Based on the graph for the market for raspberries in the United States, the drought has caused the price of raspberries in the United States to .

The following graph shows the daily market for raspberry pickers in Oregon.

Show the effect of the change in the price of raspberries in the United States on the market for raspberry pickers in Oregon by shifting either the demand curve, the supply curve, or both.

Market for Raspberry Pickers in Oregon

Demand

Supply

WAGE (Dollars per worker)

LABOR (Thousands of workers)

Demand

Supply

As a result of the change in the price of raspberries, the wage level for raspberry pickers in Oregon .

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