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March 28, 2015

Homework Help: economics

Posted by chocolatemilk on Wednesday, February 27, 2013 at 1:28am.

Please explain these question in words!

How will demand and supply curve shift?

1. Labor market for math and science teachers
when wages available in private industries utilizing these skills rise.

2. Labor market for university professors
when college enrollment expand

3. Labor market for low-skilled markets
when welfare legislation requires that a much larger fraction of welfare recipients work than in the past

4. Labor market for workers who completed high school only
when the work place becomes more computalized and technically sophisticated

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