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Economics Question Refer to econq2.png. DRAW and LABEL a new supply curve (Labelled S2) or a new demand curve (Labelled D2) Suppose recent changes to

Economics Question

Refer to econq2.png. DRAW and LABEL a new supply curve (Labelled S2) or a new demand curve (Labelled D2)

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Suppose recent changes to immigration laws have decreased the supply of immigrant labor, increasing wages in manual labor occupations. How might this affect the market for construction? S1 In the figure to the right, show how the wage changes have likely affected the market for construction. Using the line drawing tool, draw either a new supply curve ($2) or a new demand curve (D2). Properly label your line. Carefully follow the instructions above, and only draw the required object. Price ($) D1 Quantity

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