Question: solution and draw the graphs Attempts Keep the Highest / 4 5. How changes In the goods market affect the demand for labor In this
solution and draw the graphs
Attempts Keep the Highest / 4 5. How changes In the goods market affect the demand for labor In this question, you'll explore the effect of a drought in Pennsylvania on the price of strawberries In the United States, as well as on the dally wages of strawberry pickers In California. Assume that strawberry buyers don't care whether their strawberries come from Pennsylvania or California. On the following graph, show the effect the drought in Pennsylvania has on the market for strawberries in the United States by shifting either the demand curve, the supply curve, or both (?) Market for Strawberries in the United States Supph Demand Supply PRICE (Dollars per pound) 100 200 300 400 500 600 700 800 909 1000 QUANTITY (Milions of pounds of strawberries) Based on the graph for the market for strawberries in the United States, the drought has caused the price of strawberries In the United States to The following graph shows the dally market for strawberry pickers In California. Show the effect of the change in the price of strawberries in the United States on the market for strawberry pickers in California by shifting either the demand curve, the supply curve, or both (?) Market for Strawberry Pickers in California O Supply Demand Supply WAGE (Dollars per worker) Demand LABOR (Thousands of workers) As a result of the change in the price of strawberries, the wage level for strawberry pickers In California Grade It Now SaveStep by Step Solution
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