Scenario: The labor market equilibrium for ski patrol positions at Bridge Bowls Resort is shown in the figure below.

-Given the situation above and consider the situation where another ski area opens nearby Bridge Bowls,providing another place for ski patrol to work and for customers to ski and snowboard.How will this cause the graph above to change?
A) The labor supply curve will shift right and labor demand curve will shift left.
B) The labor demand curve will shift left and labor supply curve will shift right.
C) Both the labor demand curve and labor supply curve will shift right.
D) Both the labor demand curve and labor supply curve will shift left.
Correct Answer:
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