Question: a. How does Wandas demand for labor change? b. What happens to the number of students that Wanda employs? The market price of fish falls
a. How does Wanda’s demand for labor change?
b. What happens to the number of students that Wanda employs?
The market price of fish falls to 33.33¢ a pound, but the packers’ wage rate remains at $7.50 an hour.
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