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Briefly explain how the following programs would affect the elasticity of demand for workers in the domestic steel industry: an increased tariff on imported steel

  1. Briefly explain how the following programs would affect the elasticity of demand for workers in the domestic steel industry:

an increased tariff on imported steel

a law making it illegal for a firm to lay off workers for economic reasons (recession)

a boom in the machinery industry (which uses steel as an input)

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