Question: ANSWER THE FOLLOWING QUESTION AND EXPLAIN EACH 1.In the labor market, what causes a movement along the demand curve? What causes a shift in the
ANSWER THE FOLLOWING QUESTION AND EXPLAIN EACH
1.In the labor market, what causes a movement along the demand curve? What causes a shift in the demand curve?
2.In the labor market, what causes a movement along the supply curve? What causes a shift in the supply curve?
3.Name some factors that can cause a shift in the demand curve in labor markets. Explain each.
4.Name some factors that can cause a shift in the supply curve in labor markets. Explain each.
5.Other than the demand for labor, what would be another example of a "derived demand?"
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