A state funded report in Florida brings media attention to the wage gap between landscapers and childcare workers. Whereaschildcare workers are largely female, landscapers are largely male. The state passes comparable worth legislation to bring thiswage discrepancy into balance. The graph represents the market for childcare workers. Adjust the wage line to illustrate theimpact an hourly wage requirement of $11.00/hour has on this market.Hourly wage ($)54 32 no151413121110986LO543212O0 50supplywagedemand100 150 200 250 300 350 400 450 500WorkersWhat impact did this legislation have on the level ofemployment of childcare workers?Employment decreases by 100, and the size of thesurplus equals 250 childcare workers.Employment increases by 150, and the size of thesurplus equals 250 childcare workers.O Employment decreases by 150, and the size of theshortage equals 250 childcare workers.O Employment increases by 100, and the size of theshortage equals 250 childcare workers

In the terms of economics, work/employment implies the condition of having some work or being…

A state funded report in Florida brings media attention to the wage gap between landscapers and childcare workers are largely female, landscapers are largely male. The state passes comparable worth legislation to bring this wage discrepancy into balance. The graph represents the market for childcare workers. Adjust the wage line to illustrate the impact an hourly wage requirement of $11.00/hour has on this market. 15 14 13 12 11 supply What impact did this legislation have on the level of employment of childcare workers? Employment decreases by 100, and the size of the surplus equals 250 childcare workers. Employment increases by 150, and the size of the ourplug aquela 250 ohildoor rkora

A state funded report in Florida brings media attention to the wage gap between landscapers and childcare workers are largely female, landscapers are largely male. The state passes comparable worth legislation to bring this wage discrepancy into balance. The graph represents the market for childcare workers. Adjust the wage line to illustrate the impact an hourly wage requirement of $11.00/hour has on this market. 15 14 13 12 11 supply What impact did this legislation have on the level of employment of childcare workers? Employment decreases by 100, and the size of the surplus equals 250 childcare workers. Employment increases by 150, and the size of the ourplug aquela 250 ohildoor rkora

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Labor Markets

Section: Chapter Questions

Problem 6SQP

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Other than the demand for labor, what would be another example of a 'derived demand?
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discuss how that relationship between the elasticity of demand for products and labor would affect your job searching strategy in the future.