Using supply and demand curves, show how each of the following would affect the demand or supply
Question:
Using supply and demand curves, show how each of the following would affect the demand or supply of workers. In each case, label the new equilibrium wage and quantity.
a. Immigration increases dramatically.
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b. Demand for U.S. manufactured goods declines.
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c. New computerized technology increases productivity of U.S. workers.
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d. U.S. firms increase job amenities for workers.
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e. U.S. workers choose more leisure.
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Quantity of Labor
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a An increase in immigration shifts the supply of workers to the right d...View the full answer
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