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Graph the Impact of the Following Events in the Market

Question 47

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Graph the impact of the following events in the market for typists.Your graph should include shifting the appropriate curve and indicate the change to equilibrium wage W1 and quantity of labor L1.
a.The introduction of new ergonomic keyboards increases the rate at which typists can complete their tasks.
b.The main supplies typists use-computers,desks,and chairs-are all increasing in cost for their bosses.
c.The conditions in a similar profession,such as office manager,are superior in terms of pay and benefits.

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a.This increase in productivity will shi...

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