Describe how each of the following changes would affect the equilibrium in the labor market in terms of the level of the real wage and quantity of employment in equilibrium:
(a)Increased immigration leads to higher labor supply at each real wage
(b)The effort curve makes a parallel shift upward
(c)Labor productivity increases (that is,the marginal product of labor increases at each level of employment).

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The Answer of Describe how each of the following changes would affect the equilibrium in the labor market in terms of the level of the real wage and quantity of employment in equilibrium:
(a)Increased immigration leads to higher labor supply at each real wage
(b)The effort curve makes a parallel shift upward
(c)Labor productivity increases (that is,the marginal product of labor increases at each level of employment).

Describe How Each of the Following Changes Would Affect the Equilibrium