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Graph the occupations from most attractive {smallest wage required) to least attractive (highest wage required). I. Suppose that the MPP of an hour of labor

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Graph the occupations from most attractive {smallest wage required) to least attractive (highest wage required). I". Suppose that the MPP of an hour of labor in a shoe factory is given by the followin table: II_IZEEE_ _ 100 shoes 10-20 20-50 50-100 100-200 Carefully draw the labor demand curve for the owner of this factory, assuming the price of shoes is $5fpair. On a separate diagram, show how the labor demand curve shifts if the price of shoes falls to $3ipair. IV. Draw supply-ahd-demand diagrams for the market for wheat and the market for farm laborers, drawing the demand curve for wheat as highly inelastic. Then show what happens in both markets when the MPP of farm laborers decreases. V. Draw supply-and-demahd diagrams for the market for DVD players and the market for DVD factory laborers. drawing the demand curve for DVD

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