3ECONOMIC ASSIGNMENT Part 1Answer 1Figure 1: equilibrium in the labour marketD=60,000−5,000wS=5,000w−35,000At equilibrium, D=S60,000−5,000w=5,000w−35,000¿,10,000w=95,000
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Economics Assignment - Deadweight Loss and Unemploymentlg...
|9
|1590
|87
Equilibrium Price And Equilibrium Quantity of Minivanslg...
|8
|756
|23
Problem Solving Exercise in Microeconomics and Macroeconomicslg...
|13
|1263
|447
The Effectiveness of Minimum Wage Legislationlg...