ECN 150: Graded assignment #1
ECN 150: Graded assignment #1 ECN 150
Popular in Macroeconomics
Popular in Economcs
This 2 page Bundle was uploaded by Alexis Ibarra on Wednesday February 17, 2016. The Bundle belongs to ECN 150 at La Salle University taught by Francis Thomas Mallon in Summer 2015. Since its upload, it has received 49 views. For similar materials see Macroeconomics in Economcs at La Salle University.
Reviews for ECN 150: Graded assignment #1
Report this Material
What is Karma?
Karma is the currency of StudySoup.
You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!
Date Created: 02/17/16
Graded Assignment #1 Question 2 What would happen to the equilibrium wage rate if there were government initiatives enacted that would entice more employers to bring their companies to the city of Philadelphia and there would prove to be an additional 40,000 workers demanded at each potential wage rate? If there were government initiatives enacted that would entice more employers to bring their companies to the city of Philadelphia resulting in an additional 40,000 workers demanded at each potential wage rate, this would result in a shift of the entire demand curve upwards to the right. The equilibrium wage rate would rise to $11/hour and the quantity of labor would raise to 100,000.
Are you sure you want to buy this material for
You're already Subscribed!
Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'