13. Identify which way the labor supply curve would shift under the following scenarios. A country experiences a huge influx of immigrants who are skilled in the textile industry. Wages increase in an industry that requires similar job skills. New machines require additional maintenance over time, so that the marginal productivity of labor rises

Principles of Microeconomics
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Chapter18: The Markets For The Factor Of Production
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13. Identify which way the labor supply curve would shift under the following scenarios.

    1. A country experiences a huge influx of immigrants who are skilled in the textile industry.
  1. Wages increase in an industry that requires similar job skills.
  2. New machines require additional maintenance over time, so that the marginal productivity of labor rises.

 

     

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