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Draw a well labeled graph showing the wage structure which is the relative wage of skilled workers. How does this wage change due to the
Draw a well labeled graph showing the wage structure which is the relative wage of skilled workers. How does this wage change due to the shifts in demand and supply of skilled workers relative to unskilled workers. The causes behind the shifts in the demand and supply are as follows:
-The demand for skilled workers relative to unskilled workers has increased due to technological improvement in the country.
- The supply of skilled workers relative to unskilled workers has changed due to immigration.
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