Suppose that a large number of Canadian consultants decide to take employment in Europe due to better benefits and work environments at Eur companies. The following graph shows the labour market for consultants in Canada. Show the effect of the emigration on the Canadian labour market for consultants by shifting the labour demand curve, the labour supply curve, o both. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps to its original position, just drag it a little farther. Supply Demand Supply Demand WAGE

The marginal product of labor for a firm is given by: MPL = 188 - 4H, where H is the number of hours they hire workers to work. For example, the marginal product of the first hour of labor would be 188 - 4*1, and the marginal product of the second hour of labor would be 188 - 4*2. If the market wage is $18 per hour, how many hours of labor will this firm hire? Round your final answer to two decimal places.

Which of the following factors would shift the market labor supply curve to the right?   A. A REDUCTION IN EMPLOYER HEALTH CARE COVERAGE   B. A DECREASE IN IMMIGRATION DUE TO TIGHTER WORK PERMIT RULES   C. AN INCREASE IN THE WAGES IN OTHER INDUSTRIES   D. AN INCREASE IN NONWAGE INCOME FROM INVESTMENTS   E. AN INCREASE IN MINIMUM AGE FOR RETIREMENT BENEFITS

Equilibrium in the labour market depends on the demand for labour and the supply of labour. Graphically demonstrate how the supply of labour in the U.S. is affected by the increase in the labour force resulting from Mexican immigrants.  What other factors that can cause the labour supply curve to shift?

Discrimination in the labour market   Hey! I believe the same question I posted is not right, I did not use the answers for the exact question, can someone help me to get the right answers. The following table lists the name, height, and minimum wage 10 people are willing to accept to work as personal assistants at a prestigious law firm. Name Height Minimum Wage (Centimetres) (Dollars per week) Andrew 169 $307 Kyoko 161 $322 Rina 174 $347 Jacques 178 $363 Musashi 176 $388 Yvette 167 $403 Sean 182 $429 Eric 175 $444 Bob 165 $470 Cho 175 $485   The lowest wage that the law firm can pay to hire five personal assistants is $             per week. Suppose the head of the law firm has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all personal assistants hired must be at least 171 centimeters in height. Under this new regulation, the wage rate the law firm must pay to…

The graphs below show demand for labor in two countries, A and B, and several vertical labor supply curves. Use these diagrams to answer the question about the effects of migration from one country to the other in search of a higher wage. Let the amount of migration (change in labor supply) be equal to the (identical) horizontal distance between the supply curves in both graphs. Country B Country A Se SB WB SA SA WA d PB h b a DA LB LA What is the effect of this migration on the welfare of workers who migrate? They gain area g They gain area (g+h+e) They gain area (a+b+c). O They gain area (g+h)

In Okennewick, 180 people are willing to spend an hour working as pizza makers for an hourly wage of $20. For each additional $5 that the wage increases above $20, an additional 45 people are willing to spend an hour working. For hourly wages of $20, $25, $30, $35, and $40, plot the daily labor supply curve for pizza makers on the following graph. WAGE (Dollars per hour) 50 45 40 35 25 20 15 10 5 0 0 45 + 90 135 180 225 270 315 LABOR (Number of workers) 360 405 450 Supply What is one explanation for why this labor supply curve is upward sloping? The opportunity cost of leisure increases as wages increase. Labor production functions exhibit diminishing marginal returns. Wages have to increase to accommodate union pressure. O Firms are willing to hire more pizza makers at a lower wage.

Suppose that a large number of U.S.consultants decide to take employment in Europe due to better benefits and work environments at European companies. The following graph shows the labor market for consultants in the United States. Show the effect of the emigration on the U.S. labor market for consultants by shifting the labor demand curve, the labor supply curve, or both. (?) Supply Demand Supply Denand LABOR WAGE

Maharaja Samosa produces samosas. The market for samosas is perfectly competitive, and the price is $5.00 a samosa. The labor market is competitive, and the wage rate is $60.00 a day. The table shows part of the workers' total product schedule. If the price rises to $6.00 a samosa, how many workers will Maharaja Samosa hire? Maharaja's will hire workers. Workers 23456 Samosas per day 18 30 40 48 52

Suppose the supply curve of lab assistants is given by w = 8 + 6E, while the demand curve is given by w = 40 – 2E. (Assume is in 000s of persons and w is the annual salary in thousands of dollars). Calculate the equilibrium wage and employment level.