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QUESTION 1 Suppose a labor shortage drives up the wages of cable company installers. As the same time, incomes are rising. EXPLAIN what happens in

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QUESTION 1 Suppose a labor shortage drives up the wages of cable company installers. As the same time, incomes are rising. EXPLAIN what happens in the market for cable services, including . Does supply and/or demand shift and in what direction. . What happens to the equilibrium price. . What happens to the equilibrium quantity. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TTT Arial 3 (12pt) T ABC i By Demand shift will move to the right it will increase

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