$3.$ How changes in the goods market affect the demand for labor

This exercise examines the effect of a bad weather season in Missouri on the price of soybeans in the United States and daily wages of soybean harvesters in Illinois. Assume that buyers of soybeans have no preference for soybean grown in Missouri versus Illinois.

On the following graph, show the effect the bad weather season in Missouri has on the market for soybeans in the United States by shifting either the demand curve, the supply curve, or both.

Market for Soybeans in the United StatesDemandSupply$0255075100125150175200225250109876543210$PRICE $($Dollars per bushel$)$QUANTITY $($Millions of bushels of soybeans$)$Demand$$Supply$$

Based on the graph for the market for soybeans in the United States, the bad weather season has caused the price of soybeans in the United States to$.$

The following graph shows the daily market for soybean pickers in Illinois.

Show the effect of the change in the price of soybeans in the United States on the market for soybean pickers in Illinois by shifting either the demand curve, the supply curve, or both.

Market for Soybean Pickers in IllinoisDemandSupplyWAGE $($Dollars per worker$)$LABOR $($Thousands of workers$)$Demand$$Supply$$

As a result of the change in the price of soybeans, the wage level for soybean pickers in Illinois$.$ On the following graph, show the effect the bad weather season in Missouri has on the market for soybeans in the United States by shifting either the demand curve, the supply curve, or both.

Market for Soybeans in the United States On the following graph, show the effect the bad weather season in Missouri has on the market for soybeans in the United States by shifting either the demand curve, the supply curve, or both.

Market for Soybeans in the United States

Based on the graph for the market for soybeans in the United States, the bad weather season has caused the price of soybeans in the United States to The following graph shows the daily market for soybean pickers in Illinois.

Show the effect of the change in the price of soybeans in the United States on the market for soybean pickers in Illinois by shifting either the demand curve, the supply curve, or both.

As a result of the change in the price of soybeans, the wage level for soybean pickers in Illinois $.$