Question: Under Isolation, the wage is $ 4 0 during high demand and $ 2 0 during low demand. The workforce remains the same at 5

Under Isolation, the wage is $40 during high demand and $20 during low demand. The workforce remains the same at 50 workers, because of inelastic supply of labor.Under cluster, the wage is constant at $30 regardless of whether the demand is high or low; this is because of perfect elasticity of the supply of labor. The workforce is 40 workers during low demand and 60 workers during high demand. please draw the graths.

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