Suppose that this graph describes the current labor market for high school teachers:
Why might the supply curve in this market shift to the left?
A) Distance learning and computer technology replace human teachers
B) Women enter the workforce in greater numbers
C) Immigration by families with children increases the need for teachers
D) More attractive employment opportunities become available in other professions
Correct Answer:
Verified
Q42: In a competitive labor market, the equilibrium
Q43: Suppose the market wage for cashiers increases
Q44: Suppose that this graph describes the current
Q45: Assume that the graph below describes the
Q46: Suppose it is observed that the equilibrium
Q48: Suppose that this graph describes the current
Q49: A reduction in workers' marginal productivity would
Q50: If the labor market for doctors is
Q51: Assume that this graph illustrates a perfectly
Q52: Assume that the graph below describes the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents