During the war between Russia and Ukraine millions of Ukrainians have fled into Poland and Hungary. Suppose most of these refugees remain and restart their lives in Poland. In the market for labor the following would likely occur - assuming there is currently a shortage of labor in Poland. a. An increase in the quantity of labor supplied and guaranteed labor surpluses. b. Higher wages if the shortage is eliminated by the increase in the supply of labor. C. An increase in the supply of labor and either a reduced shortage or perhaps even a surplus of labor until wages are pushed down towards equilibrium. d. Huge surpluses of labor if after the increase in supply Poland reaches a market equilibrium it its labor markets. None of the above. e.

Match the following with the correct answer. Answers can be used more than once. v In the labor market, what causes a movement along the A. A change in anything that affects the demand of labor demand curve? B. A change in anything that affects the supply of labor v In the labor market, what causes a shift in the demand C. other input prices curve? D. A change in anything that affects supply of labor other than price v In the labor market, what causes a movement along the E. Changes in the wage rate (the price of labor). supply curve? F. A change in anything that affects demand for labor other than price v In the labor market, what causes a shift in the supply curve?

Question The graph below represents the labor market for dog trainers. What is the equilibrium quantity of dog trainers? Wage PE = $16 Labor Market for Dog Trainers QE = 900 D Quantity

The war in Ukraine has driven many highly qualified IT specialists into neighboring Poland, where many chose to remain and start looking for jobs There are four graphs, depicting: (1) labor market for IT specialists in Poland, (2) the profit maximizing decision of a typical perfectly competitive Polish software firm, (3) market for Polish software products; (4) the Polish market for imported software products. Our goal is to analyze, using what you have learned, the effect of influx of foreign IT specialists on the three markets and on the typicalPolish software firm.. You have to address the questions in order, starting with the labor market for farm workers. In the labor market for IT specialists:: 1. Label clearly the supply and demand curves, S and D.  2. In the text, indicate clearly what side of the market is affected, supply or demand, by underlining or circling the relevant term.  3. Once you decided which side of the market is affected and how, show on the graph the new supply…

In a competitive labor market for bakers, the equilibrium wage rate .. A. rises if the market price of bakery items falls OB. rises if new technology makes it easier for anyone to be a baker OC. falls if the supply of bakers decreases D. rises if bakers become more productive

What happens to the supply curve for labor (shifts to the right/left or stays the same) in the following situations: a) On factory workers: Factory workers’ union negotiated a lower standard work rule, where their minimum number of shirts produced be 60 shirts per day instead 100 shirts per day. b) On airline pilots: After the deregulation of the airlines, nonunion airlines increased their market share by 30 percent. c) On medical doctors:The state of Maharlika began to allow nurses to assume more of physicians’ responsibilities. d) On Wakandan Uranium miners: China agreed to limit its exports of Uranium to Wakanda

Consider the labor market for workers who build boats. For each of the given scenarios, graphically show the effect on the market for boat-builders.