21 Jul WHAT WILL HAPPEN TO THE EQUILIBRIUM WAGE AND QUANTITY OF LABOR?
Think of a financial capital market for a stock. News comes out that this company is going to lose m Show more Think of a financial capital market for a stock. News comes out that this company is going to lose money in the upcoming quarter. Which curve is affected and in what direction? What will happen to the equilibrium wage and quantity of labor? and then Think of a labor market for skilled workers. LCC starts a program called Get a skill get a job which promises that at the end of training youll get a job or your money back. Which curve is affected and in what direction? What will happen to the equilibrium wage and quantity of labor? Show less
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